Bahrain Real Estate Investment (Edamah), the real estate arm of Bahrain Mumtalakat Holding Company, will invest $928 million (BD350 million) in the Hawar Islands project that will transform it into an eco-friendly tourism destination.
Extensions on the two-stage project, which is expected to create 3,000 job opportunities, include an eco-friendly development set along 100 hectares of the island’s northern coast, Edamah officials revealed at a press conference yesterday.
The first phase of the project will see the addition of a 350-room five star lagoon resort set to open next year and 150 eco-friendly apartments and villas.
