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Lagoon construction is well on track

Bahrain's landmark retail and leisure development on Amwaj Island remains on target for its 2007 completion date according to its construction company.



Rashad Janahi, Chief Executive of The Lagoon Bahrain's developer, Abu Dhabi Investment House.
Rashad Janahi, Chief Executive of The Lagoon Bahrain's developer, Abu Dhabi Investment House.


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Ahmed Mansoor Al-A'ali (AMA), the Bahrain-based construction company building US $90million The Lagoon Bahrain, is well on track for the September 2007 completion date.

Jalal Al Ali, AMA's Vice Chairman, claimed the Lagoon's completion date was ambitious, but achievable.

He said: 'When it was confirmed we had won the contract to build this incredible development in July, we knew that it would be a challenge, but it is one we are rising to.

'AMA is responsible for all works in this huge project other than the initial piling phase.

'To give an idea of the scale, we expect to have as many as 1,000 people working on this construction and, with as many as 25% of our staff local Bahrainis, there are obvious benefits for the local economy.

'We are very much on course for the ambitious September completion date, which makes this is a very fast track project, considering piling began at the end of July 2006.

'There is a great deal of enthusiasm within our company regarding this project, which we are proud to help make it happen.'

Rashad Janahi, Chief Executive of The Lagoon Bahrain's developer, Abu Dhabi Investment House, praised the construction team.

He said, 'The early stages of such a development can often experience certain snags, however AMA, led by project manager, Alan Hodges, is doing a superb job in reaching their various milestones.

'Bahrainis and investors alike will be pleased to hear that the project is on course to meet its projected completion date.'




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Notes and media contacts

For further media information contact Euro RSCG Furness for Abu Dhabi Investment House,
contact: Ian Hainey on +971 50 466 1368

AT A GLANCE
- Located on Amwaj Island, off the coast of Muharraq, in Bahrain.
- A lively waterfront promenade of top-flight retail and restaurants.
- Visitors will have a wide range of outlets to choose from, overlooking magnificent views with easy accessibility for cars and ample parking space.
- The total land area is composed of 55,500 square meters comprising eight low-rise buildings, boasting a variety of top-flight shops & restaurants.
- The Lagoon will be sold on a full ownership basis to both GCC & Non-GCC investors.
- The Lagoon will be completed by September 2007.
- A US$ 90 million investment.
- The Lagoon will offer new definition to quality lifestyles through its design and full ownership stores and restaurants.
- A landmark that has been designed to match the needs of residents of Amwaj Island and visitors.
Janeta Novakovic Posted by Janeta Novakovic, Assistant News Editor
Wednesday, November 08 - 2006 at 15:36 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

This Article was updated on Saturday, November 11 - 2006


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