Site A Reclamation Complete, Site B Work Ongoing Under Hulhumalé Phase III Project: Urbanco

Dredging and reclamation of Site A (10 hectares) of Hulhumalé Phase III, which began on 22 September, has been completed. Work on Site B has started. Phase III will add 63 hectares to Hulhumalé. Capital Marine and Civil Construction Company Limited is the main contractor, paid US$259.2 million, with Boskalis subcontracted for dredging. Over 19,000 people will receive land under the Binveriya scheme, including 1,400 plots in Hulhumalé. Urbanco, the brand of Housing Development Corporation, oversees the project.

Dredging and reclamation of Site A (10 hectares) of Hulhumalé Phase III, which began on 22 September, has been completed. Work on Site B has started. Phase III will add 63 hectares to Hulhumalé. Capital Marine and Civil Construction Company Limited is the main contractor, paid US$259.2 million, with Boskalis subcontracted for dredging. Over 19,000 people will receive land under the Binveriya scheme, including 1,400 plots in Hulhumalé. Urbanco, the brand of Housing Development Corporation, oversees the project.

Dredging and reclamation of Site A (10 hectares) of Hulhumalé Phase III, which began on 22 September, has been completed. Work on Site B has started. Phase III will add 63 hectares to Hulhumalé. Capital Marine and Civil Construction Company Limited is the main contractor, paid US$259.2 million, with Boskalis subcontracted for dredging. Over 19,000 people will receive land under the Binveriya scheme, including 1,400 plots in Hulhumalé. Urbanco, the brand of Housing Development Corporation, oversees the project.

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