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Bahrain: Dredging contract

The Ministry of Works has awarded a $35m contract to US Nasdaq-listed firm Great Lakes Dredge & Dock Corporation. The contract encompasses two phases of a development project in Hidd port; Great Lakes will dredge 5.8mcm to reclaim a 156-acre footprint on which a factory and other facilities will be built. In a 22 July statement, Great Lakes noted it had undertaken many other projects in Bahrain over the past 15 years. Phase one of the project has a target completion date of late autumn 2014, while phase two will be completed by the end of Q1 2015.

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