Bahrain Financial Harbour (BFH) announced early last month that the construction of the integrated development was on the fast track with 39 per cent of the $270 million Financial Centre – the Phase I of BFH – completed.

Floors completed include: West Tower (31); East Tower (33); Financial Mall (9); and Harbour House (2).
The first phase will be completed by the end of 2006.
Announcing the details of the construction and related developments of BFH, Abdulrahman Al Jasmi, managing director of the Bahrain Financial Harbour Holding Company said: “A total of three-and-half-million manhours have been registered till the end of August in the construction of the Financial Centre, indicating the rapid pace at which BFH is being developed. We have been able to ensure a high-level of safety to the workers at the site, putting in place norms that are benchmarked against global standards. We plan to further build on this reputation as we continue developing the project, which is envisaged as a national landmark,” he said.
“Currently, approximately 1,600 workers and employees are involved in the development of BFH on a daily basis, including Bahraini nationals, reflecting the project’s benefit to the local job market and the economy. 
Al Jasmi said currently 14 Bahraini sub-contractors are involved in the development of the Financial Centre and as the development of BFH gathers further momentum, more Bahraini firms would be able to partner with the project.
“Along with the construction of the project we are also in the process of addressing issues such as parking facilities by providing 3,500 parking spaces for the Financial Centre. Parking is one of the matters we focused on as it is one of the issues currently faced by other business districts,” Jasmi said.
The Financial Centre, which will be equipped with cutting-edge technological amenities including wireless hot spots to high-speed data network, will offer 125,386 sq m of office space and 11,175 sq m of dining and leisure space.