Money & BusinessBahrain
Bahrain Housing Ministry Unveils New Land Development Program With Loans And Grants
Housing Ministry shifts focus to land development, offering loans (BD 70,000) and grants (BD 10,000) instead of directly allocating units.
Affordable Housing: Program aims to build 15,000 units starting at 95,000 dinars with high standards in various locations.
Public-Private Partnership: Fosters collaboration between government and private sector for project development.
Project Progress: Construction underway for initial projects like Salman City (131 units) with more phases planned