Bahrain Mirror: Kuwait has offered a new financial grant as part of its share in the "Gulf Marshall" project for building 314 housing units in the Northern City.

The Ministry of Housing in the weekly session of the Council of Tenders and Auctions yesterday proposed a reverse auction for the construction and maintenance of 314 housing units in the Northern City, Kuwait's grant, under the Gulf Development Program, a single bid was made of about 19 million dinars.

The Ministry has also proposed a reverse auction for the construction and maintenance of 271 housing units in the eastern Al-Hidd housing city, Kuwait's grant, under the Gulf Development Program, a single bid was made without disclosure of its value.

The Council opened a reverse auction for the Ministry for providing advisory services for the administration and supervision of the construction of residential units and infrastructure in the projects of Ramli, Qalali and Wadi Al-Sail Housing (funded by Saudi Arabia).

Six bids were made, two of which were outstanding, and the lowest bid was SAR 12.1 million (BD 1.2 million), the highest of which was SAR 27.87 million (BD 2.79 million).

Arabic Version