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housing projects

housing projects

project

Tracked since 2024-01-17

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2026-03-30
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Housing projects under President Mohamed Muizzu's administration aim to be completed by 2028, with 3,260 units in Hulhumalé and Vilimalé financed through the Bank of Maldives; they are part of the Public Sector Investment Program.

Housing projects in the Maldives are government-funded initiatives under the Public Sector Investment Program (PSIP). President Mohamed Muizzu pledged completion by mid-2028, with recent spending of MVR 577 million in 2024 and MVR 922 million in 2023 on housing units.

Role government initiative
Affiliation Government of Maldives
Location Maldives (Hulhumalé and Vilimalé)