The Ministry of Housing and Urban Planning concluded agreements to implement 137 new housing units in Salman City, in partnership with Delmon Gate Real Estate Company, the alliance of Almoayyed Contracting and Naseej Real Estate Development Company, in addition to First Bahrain Real Estate Development Company, within the framework of projects included within the government land development rights program in partnership with the private sector.
The agreements were signed between Amna bint Ahmed Al Rumaihi, Minister of Housing and Urban Planning, Amin Al Arrayedh, CEO of Naseej Real Estate Development Company, Mrs. Hala Farouk Al Moayyed, CEO of Almoayyed Contracting Company, Abdullah Ali, CEO of Delmon Gateway Real Estate Company, and Omar Faisal Al Tamimi, CEO of First Bahrain Real Estate Development Company.
Under these agreements, Naseej and Almoayyed will implement 24 new residential units in Salman City, while Dilmun Gate will implement 69 other residential units in the city, and First Bahrain Real Estate Company will implement 44 residential units within the project packages included in the government land development rights program in the city.
Amna bint Ahmed Al Rumaihi, Minister of Housing and Urban Planning, confirmed that these projects come within the framework of the ministry’s plan to expand the implementation of government land development rights program projects across the Kingdom, which has achieved remarkable success in its previous projects, such as the “Suhail” project in the Al-Lawzi area, the “Al-Naseem Neighborhood” project in Salman City, the “Al-Wadi” project in Al-Buhair, and the “Horat Sanad” project, which provided hundreds of housing units. For beneficiaries.
She pointed out that the program contributes to accelerating Bahraini families’ access to adequate housing by diversifying housing options, in a manner commensurate with the financing available to citizens, stressing that partnership with the private sector is an essential pillar for achieving sustainability in providing housing services.
The Minister of Housing and Urban Planning also appreciated the great interest by real estate development companies in the Kingdom to implement the program projects, as bids for project implementation are witnessing a growing demand by real estate companies, which encourages the continued offering of program project packages, which is in the interest of providing adequate housing for citizens with innovative work paths.
Minister Al Rumaihi expressed her appreciation for the level of cooperation with Delmon Gate Real Estate companies, Almoayyed Contracting, Naseej Real Estate, and First Bahrain Real Estate Development Company, and their advanced engineering and technical level, promising the provision of residential units with high specifications and quality that meet the ambitions of the beneficiaries.
For his part, Amin Al-Arrayed, CEO of Naseej, stressed that involving the private sector in implementing social housing projects in cooperation with the Ministry of Housing and Urban Planning undoubtedly contributes to supporting the comprehensive development process in the Kingdom, and achieves integration between the two sectors in implementing development projects, especially providing housing projects that provide living stability for citizens, stressing Naseej’s keenness to implement housing projects in partnership. With the esteemed government, providing housing services to citizens.
In a related context, Hala Farouk Al-Moayyed, CEO of Al-Moayyed Contracting Company, expressed her happiness at signing the contract to implement the project to provide 24 housing units in Salman City as part of the Government Land Development Rights Program project, in cooperation with the “Naseej” Real Estate Company, noting that this cooperation with the Ministry of Housing and Urban Planning reflects the level of partnership and cooperation between the government and private sectors to implement development projects in the Kingdom.
For his part, Abdullah Ali, CEO of Delmon Gate Real Estate Company, stressed the company’s pride in renewing cooperation with the Ministry of Housing and Urban Planning to develop 69 housing units in Salman City, within the government land development rights program, which is the second cooperation after the success of the “Al-Naseem Neighborhood” project in Salman City, which provided 131 housing units, praising the objectives of this program, which reflects the advanced level of partnership between the Ministry and the private sector to provide housing units for citizens, and stressing that Such housing programs and initiatives contribute to quickly providing adequate housing to citizens.
In turn, Omar Faisal Al Tamimi, CEO of First Bahrain Real Estate Development Company, confirmed that the company is keen to strengthen the partnership with the Ministry of Housing and Urban Planning to provide social housing projects for citizens, stressing that the project scheduled to be implemented in Salman City reflects First Bahrain Company’s commitment to supporting national development goals.
Al-Tamimi expressed the company’s pride in cooperating with the Ministry of Housing and Urban Planning to provide housing units for Bahraini families within the government land development rights program, indicating that this program provides the opportunity for real estate development companies to participate in providing social housing projects in the Kingdom.
