The State of Bahrain 

Hidd Industrial Area

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Loan No.:	370	Interest Rate:	4.5%
Beneficiary:	Ministry of Works and Agriculture	Grace Period:	5 years
Project Cost:	KD 31.0 million	Maturity:	22 years
Amount of Loan:	KD 25.0 million	Repayment:	35 semi-annual installments
Date of Loan Agreement:	01/02/1999	First Installment:	5 years following the first disbursement
Date of Effectiveness:	07/04/199

 

Objectives:

The project aims at meeting the increasing demand for industrial land in Bahrain, attracting industrial investments, and providing new job opportunities.

Description:

The project, which is expected to be completed by the end of the year 2000, comprises the following main components:

1. Infrastructure Services: This includes providing the site with rainwater and irrigation facilities , access to water and electricity, installation of telephone networks and construction of a sewerage treatment plan.

2. Building: This includes the construction of buildings for the main administration, main customs and customs and health; business and medical centers; gates and a fire station.

3. Consulting Services: This includes the provision of consulting services to supervise the execution of the project.

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