Addu High School’s multi-purpose hall is to be developed into a two-story building.
The project agreement was signed with Inoka Pvt Ltd on Sunday.
Finance executive Naushad Mohamed signed on behalf of the education ministry and Inoka’s Managing Director Hassan Shameem signed on behalf of the company.
Inoka has agreed to develop the multi-purpose hall within 210 days for MVR 7.8 million. Finance executive Naushad said that the project is financed under thee Public Sector Investment Programme (PSIP)
MVR 6.6 billion has been allocated for PSIPs in 2019, out of which MVR 246 million has been allocated for the education sector, and the education ministry earlier stated that are working to award 20 projects under PSIP.