Skip to main content

Bahrain work on track

Work on Bahrain's Eisa Town Gate Intersection project is to get back on track shortly. The work stopped when South Korean contractor Sungwon was afflicted by financial issues due to funding problems encountered in Dubai and South Korea.
February 6, 2012 Read time: 1 min
Work on Bahrain's Eisa Town Gate Intersection project is to get back on track shortly. The work stopped when South Korean contractor 2285 Sungwon was afflicted by financial issues due to funding problems encountered in Dubai and South Korea. The Bahrain Government is appointing another contractor to take over the project and the work could be completed by September of this year.

For more information on companies in this article

Related Content

  • Gordie Howe Bridge opening date set
    January 15, 2024
    The bridge connecting Detroit in the US state of Michigan and Windsor in the Canadian province of Ontaria will open in September next year.
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
  • Mexican highway works underway
    September 15, 2021
    Key Mexican highway works are underway.
  • Dubai infrastructure development
    March 24, 2017
    New infrastructure is being built in Dubai with the help of machines from Volvo CE The Dubai Water Canal is being built in a busy and congested urban area, with the project including construction of major new road bridge crossings. The work is being carried out by Turkish infrastructure specialist DETECH Contracting. The 3.2km waterway is being built through downtown Dubai and is among the most ambitious projects being carried out in the country. When fully opened in 2017 the project – called The Duba