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$202M Allocated for King Faisal Street

$202M Allocated for King Faisal Street

The King Faisal Street Development Project in Manama aims to reduce crossing time from 20 minutes to just 3 minutes at a cost of approximately $202.27 million. This will be achieved through the construction of three tunnels and a flyover bridge to bypass the roadway. These improvements are expected to increase the street’s capacity from 13,908 to 21,600 vehicles per hour, reduce fuel consumption by 25%, and lower greenhouse gas emissions by 30% by 2030. Funding, estimated at $180.72 million from the Islamic Development Bank, covers 89% of the cost, with Bahrain covering the remaining amount. The project involves work over a 4.1-kilometer stretch, including the relocation of water and electricity pipelines and enhancement of drainage networks. The goals are to reduce traffic congestion and connect the area to future projects, such as the Bahrain Metro project.

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