The CEO of Gulf Finance House announced that the works on the delayed Villamar project will proceed after being stopped years ago. It was agreed that the contractor of the project will restructure it and obtain extra funding in order to complete the project by 2017
During this period of time, it is expected to finish all of the building outer structures and all the surrounding facilities in addition to putting the project’s apartments for sale.
Villamar is considered to be one of the important projects in Bahrain since it represents the interface of Manama, where it is located within the Financial Harbor. It is expected that the project will proceeded during the first half of 2015.