Saturday, March 2, 2013

$527m Bahrain market project on track


Plans are underway to inject BD10 million ($26.3 million) into a major state-of-the-art market - five years after it was shelved due to the credit crunch and unrest.

The BD200 million Manama Central Market project is being revived by the Manama Municipal Council and the Municipalities and Urban Planning Affairs Ministry, which will pump the money from the $10 billion Gulf Fund, reported the Gulf Daily News, our sister publication.

The scheme was first announced in January 2008, but was sidelined due to the financial crisis.

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