Bahrain-based Bilaj Al Jazayer Real Estate Development Company (BAJRD) is expected to award the main construction works and maintenance package for its $200 million Bilaj Al Jazayer Hotels and Residences project by the fourth quarter 2023, Zawya Projects has reported.
Citing a source close to the project, the news platform said BAJRD is a subsidiary of Edamah (Bahrain Real Estate Investment Company), which is the real-estate arm of Bahrain’s sovereign wealth fund Mumtalakat .