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News housing / finance Maldives Impact 8.0/10 2 min read
BML Affordable Home Leasing Company Commences Construction on Five Housing Projects

BML Affordable Home Leasing Company Commences Construction on Five Housing Projects

BML Affordable Home Leasing Company Pvt Ltd commenced construction on five large-scale affordable housing projects under the Maldives Monetary Authority's Inclusive National Affordable Housing Scheme (INAH). A groundbreaking ceremony was held in Hulhumalé with senior government and banking leaders including Minister Dr Abdulla Muththalib, BML Chairperson Ahmed Ali Habeeb, and CEO Mohamed Shareef. Local and international contractors have been awarded contracts: Amin Construction, FW Construction, Rasheed Carpentry Construction, Beijing Urban Construction Group, and China Machinery Engineering Corporation.

BML Affordable Home Leasing Company Pvt Ltd commenced construction on five large-scale affordable housing projects under the Maldives Monetary Authority's Inclusive National Affordable Housing Scheme (INAH). A groundbreaking ceremony was held in Hulhumalé with senior government and banking leaders including Minister Dr Abdulla Muththalib, BML Chairperson Ahmed Ali Habeeb, and CEO Mohamed Shareef. Local and international contractors have been awarded contracts: Amin Construction, FW Construction, Rasheed Carpentry Construction, Beijing Urban Construction Group, and China Machinery Engineering Corporation.

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The Standard

Published

Jan 27, 2026

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BML Affordable Home Leasing Company Pvt Ltd commenced construction on five large-scale affordable housing projects under the Maldives Monetary Authority's Inclusive National Affordable Housing Scheme (INAH). A groundbreaking ceremony was held in Hulhumalé with senior government and banking leaders including Minister Dr Abdulla Muththalib, BML Chairperson Ahmed Ali Habeeb, and CEO Mohamed Shareef. Local and international contractors have been awarded contracts: Amin Construction, FW Construction, Rasheed Carpentry Construction, Beijing Urban Construction Group, and China Machinery Engineering Corporation.

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