ADFD allocates AED10.5bn to finance 26 Bahrain projects

Abu Dhabi / Emirates Business

A technical delegation from Abu Dhabi Fund for Development (ADFD) visited the Kingdom of Bahrain to review the progress of the development projects financed by the Fund in the country. The projects are being implemented as part of the AED9.19 billion grant provided by the UAE to Bahrain within the framework of the GCC development programme for Bahrain.
Since its inception in 1974, ADFD has allocated AED10.5 billion towards financing 26 development projects in Bahrain spanning the housing, energy, transportation and healthcare sectors.
As part of the visit, the delegation met several Bahraini government officials and reviewed the progress of the development projects financed by the Fund in Bahrain. It confirmed that some of projects are currently more than 90% complete, while work is in full swing to deliver the remaining projects on schedule.
HE Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), said: “ADFD and the Government of Bahrain enjoy long-standing and strong historic ties that date back over four decades. We have worked together to achieve the Kingdom’s sustainable development goals across a broad spectrum of economic sectors.”
He added: “The GCC development programme for Bahrain, commissioned in 2013, is a sustainable model of development support extended by the UAE to Bahrain managed by ADFD. During its recent visit to Bahrain, our technical delegation reviewed the phases of completion of various projects and discussed and coordinated the work flow with officials from different government entities there.”
Serving key infrastructure sectors, including housing, water, healthcare, and transportation, the projects funded by ADFD in Bahrain aim to support the ongoing efforts of the Bahraini government to fulfill the country’s sustainable development objectives. The updates from various projects received during the
delegation’s visit include.

Housing Units in the
Northern City
The technical delegation inspected the progress of work at the AED2.5 billion project that is taking shape in two phases in the Northern City – including the construction of 2,694 housing units, and the city’s infrastructure works.
The project – with a large portion of infrastructure works already completed – aims to support the housing sector through developing new areas in providing quality housing units to the Bahraini population.

Reclamation Works, Eastern Sitra Housing Project
The delegation also visited the Eastern Sitra Housing Project that is being developed through land reclamation for residential and other social services. Once complete, the project will deliver 4,500 housing units valued at around AED900 million. Encompassing the excavation and reclamation of an area spanning 800 hectares, the project includes the dredging of 24 million square metres of soil to prepare the landbank for the new housing projects. With construction registering 90 percent completion, the project is slated for handover by end-2017.

Sewage Treatment Project
The ADFD technical delegation also visited the Sewage Treatment Project in the Northern City of Bahrain, spanning an area of 640 hectares to collect sewage, transfer it to a treatment facility, and use treated sewage to irrigate agricultural areas surrounding more than 15,600 housing units in the Northern City. More than 90 percent of the AED440 million project has been completed to date. This project aims to serve the Northern City and optimise water resources through preserving the surrounding region and providing a healthy environment for the residents of the Northern City. The project is anticipated to be
complete by Q2 2018.

Bahrain International
Airport Expansion Project
Funded by ADFD, the expansion of Bahrain International Airport to accommodate more than 14 million arriving passengers valued at AED3.7 billion is also part of the ADFD-funded infrastructure projects in Bahrain. Following the visit, the delegation reported that this project was nearly 40 percent
complete, with phase one slated for
handover by Q2 2019.
The project includes the addition of a new terminal spanning a total area of 177,000 square metres.

Sheikh Zayed Road Expansion
The delegation inspected expansionary works valued at AED330 million on Sheikh Zayed Road that is being constructed in line with best international standards. As one of the Bahraini government’s strategic projects, the expansionary works will increase capacity on the road to 50,000 vehicles per day, easing traffic congestion and further enhancing the transport sector.

Cardiac Centre
The delegation visited the site of the AED550 million Mohammed Bin Khalifa Specialist Cardiac Centre, where 95 percent of the construction works are complete, with the project handover set for Q2 2018. The cardiac centre will boost diagnosis and treatment of heart diseases in the
region, and is set to feature cutting-edge medical equipment, significantly stepping up the capabilities of Bahrain’s health sector.

Development of a Water Supply Network
Funded by ADFD with a total value of AED183 million, the delegation confirmed that the Water Supply Network project is currently 75 percent complete and set for
handover in Q2 2018.