Abu Dhabi Investment House (ADIH) has awarded the construction contract for The Lagoon Bahrain project to a leading Bahrain-based construction firm, Ahmed Mansoor Al A’ali Company (AMA).

Rashad Janahi, CEO of ADIH, said: “AMA was selected after a thorough evaluation of a group of short-listed bidders that included local and international contractors.
“The high standard of work provided by the firm for the Bahrain Financial Harbour project, together with an exceptional performance record, has encouraged us to award AMA the construction remit of the The Lagoon Bahrain,” he said.
He added: “The award of the construction contract to AMA also highlights our intention to support the local industry in the market that we are investing in.
“In this instance, we have confidently selected a best-of-breed Bahraini company to play this significant role in The Lagoon Bahrain project.”
According to Nicholas Fraser, executive director of real estate at ADIH, the development of The Lagoon Bahrain is well on track: “We are enthused by the great response to the project from local, regional and global investors and can re-confirm that more than 60 per cent of the project has received contracted ‘intention to purchase' from investors.
“Also, the piling activity at The Lagoon Bahrain is progressing well ahead of schedule, with more than 50 per cent of the 1,042 piles already cast and on target to meet the mid-October piling completion.”
The award of the construction contract came shortly after Davenport Cambell, the architects of The Lagoon Bahrain, had unveiled the final version of the scale model of the project.
“The finishing touches to the project’s landscaping and interiors have now been made. This signifies the rapid pace at which the landmark project is being developed,” explained Janahi.
The Lagoon is a waterside retail and dining destination on Amwaj Islands off the coast of Muharraq in Bahrain. It is a day and nighttime venue with the development strategy highlighting a vibrant nighttime environment. The project will emphasise Bahrain’s urban development plans and attract  Bahraini families and singles, as well as tourists.