Bahrain - Government Land Development Program (GLDP) - 76 Housing Units at Buhair Project
For more information and to make a bid you will need to go to the third party website.
Details
Provided by- Opportunity closing date
- 28 April 2024
- Opportunity publication date
- 31 December 2023
- Value of contract
- to be confirmed
- Your guide to exporting
Description
The Buhair Project, part of a Government Land Development Programme, involves the development of 76 housing units on government owned land. The units will be developed by the private sector. Bidders will compete for a license to develop the project, and the one offering the highest land value while meeting all technical criteria will be chosen. The successful bidder will be responsible for designing, financing, and constructing the 76 housing units and connectivity with the existing infrastructure. The developer will sell these units to beneficiaries of MoHUPs social housing financing programs. After the projects completion and the sale of all units, the developer must pay MoHUP the agreed land value. Additionally, MoHUP will offer a buy-back arrangement for any units that remain unsold 24 months after the projects construction is completed.
- Opportunity closing date
- 28 April 2024
- Value of contract
- to be confirmed
About the buyer
- Address
- Ministry of Housing and Urban Planning BAHRAIN
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