Bahrain Villamar Project works to begin

Manama : Gulf Holding Company (GHC) has officially started to deliver the site to the contractor to commence the construction works immediately upon obtaining the new building permits.

To carry out the construction works in accordance with the best possible practices, Gulf Holding Company (GHC) yesterday announced the appointment of Projacs International as the project management consultant, and Haj Gulf as the cost management consultant for the US$700 million Villamar project, a mixed-use luxury real estate development at the Bahrain Financial Harbour. 

Earlier, GHC appointed Danish firm COWI as the project engineering consultant to oversee the Villamar project.   

Projacs International is a project management consultancy, whose responsibilities will include risk management, ascertaining budgets, performance criteria, document control, project execution plans, progress reports and contractor supervision. 

On the other hand, Haj Gulf as cost controllers and quantity surveyors will oversee procurement strategy, analyse services and performance of contractors, measure price variations, payments and quantity measurements. 

CEO of Gulf Holding Company Majed Al Khan commented. “Our consultants will ensure that Villamar is compliant with global best practices in terms of construction code, transparency, specifications, design, equipment maintenance and other critical aspects.  

The US$700 million Villamar project is located along the waterfront of the Bahrain Financial Harbour. It is a mixed-use project consisting of three twisted towers and 850 residential units, including luxury apartments, floating sky villas, retail outlets and a quiet boardwalk at the heart of Bahrain’s expanding financial district. GHC revived construction work for Villamar earlier this year.