Manara gets eco approval for Nurana

By Staff Writers Published: 2009-05-16T20:00:00+04:00

Bahraini developer, Manara Developments, announced yesterday that it has obtained the requisite environmental approvals for the development of the Nurana project, in the Kingdom of Bahrain.

The project is owned by NS Holdings Company and managed by Manara, which was established by Al Salam Bank Bahrain and strategic investors from across the GCC,

"We are extremely pleased to have obtained the environmental approval from the relevant authorities in Bahrain, which allows us to start the process of commencing reclamation work on the project site. We have also reached an initial agreement with the renowned international contractor, Great Lakes Dredge & Dock Company, to handle the reclamation of the Nurana project. The first phase of the reclamation work is expected to take around nine months and will cost approximately BD8 million (Dh78m)," said Dr Hasan Al Bastaki, Manara's Managing Director.

He said the project's draft master plan has been completed and Manara is finalising the design specifications . "We expect the first units of Nurana to be offered by the year-end."

 

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