Ministry signs framework agreement to develop 9,200 housing units
An agreement was signed for 4,200 housing units with a Chinese company
Flats being constructed in Hulhumalé
The Ministry of Housing and Urban Development has signed a framework agreement to develop 9,200 housing units under the government’s housing pledge.
Speaking on RaajjeTV’s Fala Suruhee programme, Deputy Minister at the ministry, Ali Shamin revealed that the agreement was signed through the “Fahi Dhiriulhun Corporation” (FDC).
Out of the total, 4,200 housing units are to be built in capital city Malé under an agreement signed with a Chinese company in April 2019.
Another agreement was signed with an Indian company in May to develop 5,000 housing units in the southern province.
Further, Shamin revealed that they have begun work since signing the agreement and that they will be signing construction agreements to begin the projects, six months after the framework agreements have been signed.
The Deputy Minister also revealed the ministry’s plans to develop 2,000 additional units in the Greater Malé Region.
Locations for units will be allocated after a housing need assessment is carried out with opinions from local councils and the people.
Providing shelter for Maldivians equally is one of President Ibrahim Mohamed Solih’s important pledges.
