Market Research Logo

MM – Manama Central Market Redevelopment – Bahrain - Project Profile

MM – Manama Central Market Redevelopment – Bahrain - Project Profile

Synopsis

"MM – Manama Central Market Redevelopment – Bahrain - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "MM – Manama Central Market Redevelopment – Bahrain - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

The Manama Municipality (MM) is planning to undertake the redevelopment of the Manama Central Market project in Bahrain.

The project involves the construction of four 28-story office and shopping towers.

It includes the construction of car parks levels, shops, offices, garden areas, a five-star hotel, water features and coffee shops, housing offices and apartments, swimming pools, multi-purpose halls, gyms and other related infrastructural facilities and the installation of elevators, safety and security systems.

The project was initially proposed in 2008; however, the project was delayed due to financial issues.

In January 2011, Tashgeel was appointed as PMC contractor.

In January 2012, the officials of Northern Municipality ordered Manama Municipality to revise the scope of the project to lower the number of floors to be built and some changes to the public transport pool.

In July 2014, three investors, which include two Bahrainis, agreed for the investment on the initial phase of project development.

However, in January 2016, the project is placed on hold due to lack of investors.

As of October 2016, the project is awaiting approvals for development.

Scope

The project involves the redevelopment of central market at the former GCC (Pearl) Roundabout in Manama, Bahrain.

The US$526 million project includes the following:

1. Construction of four 28-story office and shopping towers

2. Construction of car parking spaces

3. Construction of shops and offices

4. Construction of garden areas

5. Construction of a five-star hotel

6. Construction of apartments

7. Construction of swimming pools

8. Construction of multi-purpose halls

9. Construction of a gym

10. Installation of elevators

11. Installation of safety and security systems

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report