President Ibrahim Mohamed Solih has established the Fahi Dhiriulhun Corporation as part of his pledge to provide affordable housing.

The President made this decision in February upon the Economic Council recommendation.

The President’s Office stated that the corporation will be responsible for carrying out all works of the administration in providing affordable public housing and will take responsibility of carrying out similar tasks of the government in the future.

The corporation will rely on the housing need assessment reports and use fair and trustworthy policies in fulfilling housing needs.

President Solih’s administration also aims to provide affordable housing with an adequate environment and resources.