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Bids, for the land reclamation works, have been submitted for Bahrain’s BD1 billion ($2.65 billion) Northern Town project.
The bids ranged from BD79.8 million to BD108.5 million.
The Tenders Board is currently looking into the lowest bid by a Dutch company, which was decreased by about 20 per cent.
The new town located on the northern western part of Bahrain will be divided into 19 separate islands connected by bridges. A total of 18,000 houses to be built over 10 years, will accommodate around 99,000 people, divided on three districts and will include various amenities for the residents. It will feature modern methods of transportation, including a monorail and ferries.
