The Ministry of Finance and National Economy has granted Gulf Star and its co-developers, Star Leisure & Entertainment; Robodh Contracting of Bahrain and Jzala Investment Group of Saudi Arabia, consent to start the dredging and reclamation works necessary to create a 41 acre man-made island that is to be the site of the Dream Island project.
The Dream Island leisure & entertainment resort complex, with an estimated completion cost of approximately $130 million, is designed to be a landmark tourist resort complex within Bahrain. The project is scheduled for completion in 2007 and is fully supported by the Bahrain governmental authorities.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
