GFH Real Estate appoints AlMoayyed Contracting for $150mn project
GFH Real Estate (GFHRE), the real estate arm of the GFH Financial Group, has appointed AlMoayyed Contracting as the Main Contractor of its Harbour Row project in Bahrain Financial Harbour.
Under the deal, all contracting works, including foundations, construction, mechanical, internal and external finishing works of the Harbour Row project, will be assigned to AlMoayyed Contracting.
The Harbour Row project consists of 450 residential units, in addition to retail outlets with a waterfront view as part of the Bahrain Financial Harbour project, which is located at the heart of the capital Manama. The total cost of the project is valued at approximately $150m.
The Letter of Award was signed by Majed AlKhan, chief executive officer of GFHRE and Hala AlMoayyed, Executive Director of AlMoayyed Contracting.
We are delighted to be associated with AlMoayyed Contracting to execute this prestigious Project of Harbour Row, said Majed AlKhan.
We have envisioned this project to be a standard bearer in terms of quality and value and for that reason we have selected Almoayyed Contracting to lead in the projects execution and meet our unique and high specification requirement standards.
They have the technical, financial and managerial strengths that give us confidence and that will ensure the Harbour Row project is delivered on schedule and to the highest quality standards.
