February 29, 2008

Ithmaar Development Company announces the award of a $69 million reclamation contract for its $1.6 billion Dilmunia ‘health island’ project to Boskalis Westminster Middle East Ltd, (Boskalis). Dilmunia is set to revolutionize health care in the region and turn the Kingdom of Bahrain into a regional center for health tourism.

The scope of contractor’s work will include dredging and reclamation of the sea bed, rock protection and canal works. To be located on the north east coast of Bahrain, Dilmunia is the largest health care, leisure and real estate project of its kind in the Middle East. In addition to specialist clinics, hospitals, spas and other wellness facilities, it will include hotels, residential areas and leisure and shopping centers, providing residents and visitors with state-of-the-art health care services in a resort-type environment.

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