Eskan Bank has announced the signing of an agreement with Sarab Contracting W\.L.L. to develop a supermarket and retail service outlets in East Sitra Housing City and Khalifa Housing City, following the company’s successful bid in the public tender for the project. This step reflects the bank’s commitment to developing commercial and service facilities that support housing projects and enhance residents’ quality of life.

The total contract value amounts to approximately BHD 868,928. The scope of work includes the construction of a supermarket and retail service outlets in East Sitra Housing City, as well as retail service outlets in Khalifa Housing City. These facilities will contribute to providing essential services to residents and enhancing the integration of amenities within residential communities.

The project has a total built-up area of approximately 2,893 square meters. The commercial facilities have been designed to meet residents’ daily needs and provide a modern retail environment that supports economic activity and creates promising investment opportunities for the private sector and entrepreneurs.

Mr. Ibrahim Jassim, Assistant General Manager of Commercial and Corporate Banking at Eskan Bank, stated: “This project forms part of Eskan Bank’s efforts to enhance the integration of services within housing cities by providing commercial and service facilities that meet residents’ daily needs and contribute to creating a more vibrant and sustainable residential environment.”

Mr. Mohammed Jaffar Bujairi, General Manager of Eskan Properties, added: “The project has been designed to provide essential commercial services close to residential communities, including a supermarket and retail service outlets. This will contribute to improving the quality of services available to residents and enhancing the attractiveness of residential communities in East Sitra and Khalifa Housing Cities.”

The project is expected to provide essential commercial services that meet the needs of residents in both cities, while stimulating local economic activity. This aligns with Eskan Bank’s approach to developing projects with sustainable economic and social impact that support residential communities and provide an integrated urban environment.