KEO appointed project & construction manager for major project in Bahrain

A $450 million residential development located on 31,000 square meters of prime real estate at Bahrain Financial Harbour. Scheduled for completion in June 2009, the development provides a total of 578 residential units consisting of 510 apartments, 56 villas and 12 penthouses. Facilities include a rooftop chairman's club, health club & spa. Swimming pools, and other recreational amenities. The ocean-front Boardwalk will be a major public attraction, featuring indoor and outdoor cafes, restaurants and boutique retail spaces with shaded and air-cooled walkways, water features and landscaped plazas.

Gulf Holding Company noted the importance of assigning only the most talented and professional team to this project, saying that the 'signature series' will be a first-of-its kind Endeavour in the Middle East and the aim is to ensure optimal premiums for investors and shareholders through the highest level of customization.

Commenting on GHC's focus on technology and intelligent concepts, Ms. Donna Sultan, Vice Chairman and Chief Executive Officer, KEO International Consultants, said: "With brilliant and beautiful projects such as Villamar at the Harbour also comes a lot of technical and overall project management challenges which we are confident of smoothening out, in the process assisting GHC to deliver the project as per the master plan, within budget and as per the approved schedule of completion."

"For Villamar at the Harbour, we have benchmarked the tendering process against global best practices and are currently at an advanced stage of finalizing local and international contractors. Furthermore, we are laying great emphasis on their careful selection. We are confident that this extra care being taken by the company to select only the best partners for the job will pay rich dividends," Ms. Sultan added.