International
Bahrain launches $30 billion offshore city plan
Seetao 2021-11-25 17:46
  • The government of Bahrain invests 30 billion U.S. dollars to build offshore cities to solve local residents’ living problems
Reading this article requires
2 Minute

The government of Bahrain has launched a new strategic project plan. It plans to invest US$30 billion in more than 20 new projects, including the construction of 5 new offshore cities.

The strategic project plans to develop infrastructure, including a new causeway linking Bahrain and Saudi Arabia. Bahrain will also build a 109-kilometer subway system, or 22.5-kilometer North Road. This strategy will create employment opportunities and promote Bahrain’s economic growth. Keywords: engineering construction, engineering news

Bahrain will increase its refining capacity from 267,000 barrels per day to 380,000 barrels per day through the Bapco Modernization Program (BMP), which is the largest industrial project in Bahrain’s history. As part of the new strategy, private developers will be able to bid for contracts to develop government land through the Sharaka plan.Editor/XingWentao

Comment

Related articles

International

China and Indonesia sign contract for Indonesia Kalimon Industrial Park planning project

04-22

International

China and Ghana sign agreement to jointly build the Volta Economic Corridor

04-22

International

One billion dollars! Three party sovereign funds build new investment bridges

04-21

International

Saudi Arabia and the United Arab Emirates are advancing energy transformation in parallel

04-21

International

Thai company invests in building Laos intelligent ecological city

04-17

International

Chile launches international bidding for $480 million power grid expansion project

04-17

Collect
Comment
Share

Retrieve password

Get verification code
Sure