Durrat Al Bahrain has awarded a $130 million contract to G P Zachariades (GPZ) to construct 318 villas on Atoll Islands 3 and 4.

Work is scheduled to commence in October with delivery to homeowners expected in Q2 of 2008.
The total value of contracts for both Phase One and Two of villa construction and infrastructure at the development has reached more than $500 million.
Durrat Al Bahrain chairman Abdulhakeem Alkhayyat says that to date, 10 tenders have been awarded to local firms.
As part of Phase One villa construction, work is well under way on 83 villas located on the Petal 1 Island where the foundations for the homes have already been laid. In addition, construction is scheduled to commence this month on 158 villas located on Atoll 1 and 160 villas on the Atoll 2 Island.
All villas included in Phase One sales will be handed over to homeowners by Q3 of next year.
The $1.3 billion Durrat Al Bahrain project has been planned as a world-class residential and tourist destination off the coast of Bahrain.