TERNA was
recently assigned four new projects, budgeted at EUR 150 million approximately,
in Bahrain and Abu Dhabi.
Specifically,
in Bahrain, TERNA undertook the construction and maintenance of a complex of
832 residence units commissioned by the «Affordable & Social Housing» program.
The project will be developed on a plot area of 321,350 square meters and the budget
accounts for EUR 95 million.
Furthermore
in Bahrain, TERNA undertook the construction of a sewerage project with a budget
of approximately EUR 23 million, as the lead partner of a joint venture with CGCE
Abu Dhabi . The project concerns the construction of a primary sewer with a total
length of 1,760 meters and a treated sewage effluent network with a total
length of 9,100 meters serving the Al Madina Al Shamaliya (AMAS) islands
development.
In addition,
TERNA was assigned two projects in Abu Dhabi with a total budget of EUR 32
million. The first concerns the construction of a luxurious residential complex
and of the second, the construction of a general hospital of 32,000 square
meters.
These above
new projects are part of a series of
construction projects undertaken by TERNA over the past years in the Middle
East, with a project of road construction in Qatar (budgeted at EUR 300
million) being the most recent one. The new projects further strengthen GEK
TERNA Group’s construction backlog which currently exceeds EUR 3 billion.