Meed | Local firm bids $277m for Bahrain’s signature bridge

Local firm bids $277m for Bahrain’s signature bridge

28 November 2024

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Manama-based Haji Hassan Group has submitted the lowest bid for a contract to build package four of the Busaiteen Link road scheme.

The package involves the construction of a signature bridge connecting Muharraq to the existing North Manama Causeway and Bahrain Bay.

Bahrain’s Ministry of Works (MoW) received bids for the contract in June, and the Bahrain Tender Board opened prices on 25 November.

Haji Hassan offered to build the project’s package four for BD104.2m ($277.1m).

According to the Bahrain Tender Board, the other bidders and their offers are:

Six Construct: BD221m
Al-Rashid Trading & Contracting Company: BD181.2m
Cebarco Bahrain: BD162.1

The three-year contract covers construction works on the Busaiteen Link from junction four to junction five, as well as the bridge and roads connecting the new Busaiteen Link to the existing North Manama Causeway.

The Saudi Fund for Development is financing the project.

According to GlobalData, the output of Bahrain’s construction industry is expected to grow by 3.4% in real terms this year, supported by developments in commercial, energy and utilities projects and an increase in foreign direct investment.

The infrastructure construction sector is expected to grow by 6% in 2024 and register an annual average growth of 4% in 2025-28, driven by the government’s efforts to upgrade the country’s transport infrastructure.

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Jennifer Aguinaldo