Fahi Dhiriulhun Corporation Limited (FDC) of the Government of Maldives and JMC Projects (India) concluded an agreement on 08 March 2021 for the design, finance and construction of 2000 social housing units in Hulhumale Island.
The cost of the project is estimated to be around US$137 million and is planned to be financed via a loan from a multilateral funding agency.
Country updates
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August 24, 2020
ADB to provide US$ 73 million for Waste to Energy plant project in Greater Malé
The Asian Development Bank (ADB) has approved a US$ 73.39 million concessional loan and grant to the Government of Maldives to develop a waste treatment facility using waste-to-energy (WTE) technology...
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June 01, 2020
RFEOIs seeking consultants for IFC COVID-19 response program in South Asia
International Finance Corporation (IFC) has launched two requests for expression of interest (RFEOI) seeking a general and technical consultant for the COVID - 19 response program in South Asia....
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February 11, 2020
Maldives launches tender for 21 MW ARISE Solar PPP Project
The Government of the Republic of Maldives, through the Ministry of Finance, has launched the pre-qualification tender for the development of the Accelerating Renewable Energy Integration an...
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April 05, 2018
Malaysia Airports Holdings divests from Maldives airport
Malaysia Airports Holdings Bhd (MAHB) has entered into a share purchase agreement for its entire 23% stake in GMR Male International Airport Ltd (GMIAL). The company expects to gai...
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October 16, 2017
The Ministry of Finance and Treasury has initiated the tender process of the project
The Ministry of Finance and Treasury has initiated the tender process of the project. Bids are due November 23
