Bahrain
Bahrain ties up with China for $689 million mega housing project
Bahrain’s Ministry of Housing has tied up with China’s Machinery Engineering Corporation (CMEC) for the construction a 260 million Bahraini dinars ($689 million) mega housing project – East Sitra City.
The East Sitra City is touted to be one of the key projects of the Kingdom which aims to provide 40,000 housing units. It is also in line with efforts to hit the 25,000-housing unit target that the government is currently working towards.
The contracts were signed by Basim Bin Yacob Al Hamar, Bahraini minister of Housing, and Fang Yanshui, vice president of CMEC in Manama, reported both China’s state-run press agency Xinhua and Bahrani Ministry of Housing.
Read: Property sector in Oman creating opportunities
The construction will begin in five cities in Bahrain. However, the statement did not specify which cities.
Al Hamar expressed delight in the collaboration with the Chinese company in executing the East Sitra City housing project because of its extensive experience in constructing mega projects. He added that the ministry will facilitate the construction work while guaranteeing the highest level of collaboration between both sides.

Basim Bin Yacob Al Hamar (5th R), Bahraini Minister of Housing, and Anwar Habibullah (6th L), Chinese ambassador to Bahrain, attend the signing ceremony in Manama, Bahrain.
“We are thrilled to collaborate with Bahrain to execute this key strategic project … Meanwhile, we are committed to delivering this project according to the plan and technical specifications agreed upon with the Ministry of Housing,” Fang said.
Anwar Habibullah, Chinese ambassador to Bahrain, congratulated the kingdom and the CMEC for signing the contracts, commending the economic and social development in Bahrain.
-
Banking & Finance2 weeks agoOman Oil Marketing Company Concludes Its Annual Health, Safety, Environment, and Quality Week, Reaffirming People and Safety as a Top Priority
-
Economy2 months agoMaal Card: What Oman’s New National Payment Card Means for Everyday Users
-
Leaders Speak2 months agoDhofar International Development and Investment Company: Driving Sustainable Growth and Strategic Synergies in Oman’s Investment Landscape
-
Events2 months agoOER Corporate Excellence Awards 2025 Honours Entities and Innovations in Oman
-
News2 months agoSheikh Suhail Bahwan, Chairman of Suhail Bahwan Group, Passes Away
-
News1 month agoOIG Appoints New CEO to Lead Its Next Chapter of Excellence
-
Economy2 months agoOman Unveils Official Omani Rial Symbol in Landmark Move to Boost Global Currency Presence
-
News1 month agoReport: How India & The Middle East Are Exploiting Immense Economic Synergies
