Gulf Holding Company appoints COWI to manage US$700 million Villamar in Bahrain

Manama – MENA Herald: Gulf Holding Company (GHC), the owner of the integrated residential and commercial complex “Villamar”, has announced the appointment of COWI, an international Danish engineering consultancy firm, to provide consultancy services for the construction work related to the US$700 million Villamar at the Harbor project in Bahrain.

This appointment is considered as a vital step toward the launch of the construction activities of the Villamar at the Harbor project expected to accelerate during the first weeks of 2016. The project consists of three twisted towers and 850 residential units in total, including lifestyle apartments with one to five bedrooms, floating sky villas, retail outlets and a quiet boardwalk at the heart of Bahrain’s ever expanding financial district.

COWI will oversee the construction works carried out by the contractor, ensuring its compliance with high level specifications and design intended for the project. This appointment came after reviewing the existing structure and status of the project by renowned local and international experts to facilitate the integration of the existing structure into the new construction activities.

Mr. Majed Al Khan, CEO of Gulf Holding Company, said: “Our commitment to complete Villamar reflects our sincere financial and ethical obligations toward our community and announcing the recovery of Bahrain’s real estate market and completing its business skyline.”

“We would like to thank the Government of Bahrain and in particular the Stalled Projects Committee headed by his Excellency Shaikh Khaled bin Abdulla Al Khalifa, and ministry of works and municipalities affairs and urban planning for their cooperation in bringing Villamar closer to completion.”

“With this new agreement in place, we are now able to progress with the development of the project. We are very excited about our partnership with COWI, which is a world-class consultancy firm and are looking forward to taking the project to the next level by ensuring that efficient top quality procedures are being followed on-site. The contractor have already started re-mobilizing to the site and all inspection, equipment maintenance, remedial works have already kicked off”

2016-11-08T21:00:07+00:00 Monday 14, December 2015|Categories: Real Estate & Construction|Tags: , |