TAMCON submits lowest bid of $52.1m for Al-Ramli Housing Project

Eskan Bank, Bahrain announced the bid results for Construction of Al-Ramli residential project in plot 4.

Seventeen bidders has submitted the proposals. Bahrain based construction firm, TAMCON Contracting Company has submitted the lowest bid.

TAMCON submitted the price of BHD 19.6 million (USD 52.1 million).

Earlier, during July 2021, Eskan Bank issued the tender for Al-Ramli Housing Project (read more)

The site is located at plot-04 on Al Ramli Development with total plot area of 9,975 Sqm that is allocated for residential development.

It is envisaged to be developed as a residential development that includes 300 apartments divided as 160 units of 3 bedrooms apartments and 140 units of 4 Bedrooms apartments, with a component of a Retail at the ground floor level.

The development will have 4 buildings of 10- storey residential building above 3 storey parking podium.

Total built-up area for the project approximately 94,444 Sqm.