Steady progress is being made on the second phase of the King Faisal Corniche and The Avenues-Bahrain project, which is due for completion in the first half of 2024, reported BNA.

 

Spanning over an 103,000-sq-m area, the project, once completed will boast a complex building, hotel apartments and car park as well as green space, it stated.

 

Municipalities and Agriculture Minister Wael bin Nasser Al Mubarak, who visited the project site, affirmed the government's interest in promoting development projects to contribute in achieving Bahrain Economic Vision 2030 through partnership with the private sector.

 

The minister was later briefed on the implementation stages of the project, which is aimed at providing various key amenities and advanced services and facilities to serve citizens and residents, stated the report.

 

Al Mubarak said the expansion project was being implemented at a total cost of about BD70 million ($185 million). 

 

"The financial contribution from the developer company worth BD5 million to develop the road network surrounding the project, and a total benefit amount of about BD33 million," the minister added.