Manama:Backed by a substantial Saudi grant, the Saudi Fund for Development (SFD) has participated in the signing ceremony of contracts for the fourth phase of the Busaiteen Bridge Project in Bahrain. The event was attended by notable figures including Sheikh Khalid bin Abdulla Al Khalifa, Deputy Prime Minister of Bahrain, and Sultan Abdulrahman Al-Marshad, CEO of the SFD.
According to Saudi Press Agency, the project is financed by the SFD with a grant from Saudi Arabia exceeding SAR937 million, which covers all phases of the initiative. The ceremony witnessed the presence of Bahrain's Minister of Works, Ebrahim bin Hassan Al Hawaj, and Saudi Deputy Ambassador to Bahrain, Abdullah bin Mseer bin Tuwalah.
The Busaiteen Bridge Project aims to connect Muharraq Island to Manama, enhancing traffic flow, connectivity, and bridging existing gaps. It is expected to improve Bahrain's transport system by increasing road network efficiency and capacity. The SFD CEO emphasized that this project aligns with the longstanding development relations between Saudi Arabia and Bahrain, which have been ongoing for nearly 50 years. The initiative supports social and economic growth, contributing to Bahrain’s advancement.
Bahrain’s Minister of Works highlighted the signing as a testament to the deep fraternal ties and development partnership between the two nations. He acknowledged the significant role of the SFD in supporting strategic infrastructure projects that advance sustainable development in Bahrain.
This project is part of a broader history of cooperation, with Saudi Arabia, through the SFD, financing 34 development projects in Bahrain across various sectors, with contributions totaling over SAR10.9 billion. These efforts reflect Saudi Arabia’s commitment to supporting Bahrain’s development priorities and fostering sustainable infrastructure for growth and prosperity.
Source Saudi Press Agency