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FDC Signs US$165M Deal with KPIL for 4,000 Social Housing Units

FDC signed a US$165 million EPC contract with India's Kalpataru Projects International Limited (KPIL) to construct 4,000 social housing units in the Greater Male region. The first phase of 2,000 units in Hulhumale' is scheduled for completion within 37 months of the commencement date.

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Sources 1carried it 1 of 19 news outlets we monitor
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Figures in these reports

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  • US$165 million Value of EPC contract Maldives Republic Under the US$165 million deal, 4,000 social housing units will be constructed in the Greater Male region.

    Word for word from the report in Maldives Republic. Open the report

  • 4,000 units Total social housing units to be constructed Maldives Republic Under the US$165 million deal, 4,000 social housing units will be constructed in the Greater Male region.

    Word for word from the report in Maldives Republic. Open the report

  • 2,000 units Units in first phase Maldives Republic The project consists of two phases, the first of which involves the construction of 2,000 social housing units in Hulhumale’.

    Word for word from the report in Maldives Republic. Open the report

  • 1,400 units Three-bedroom units in first phase Maldives Republic This phase includes 1,400 three-bedroom units spanning 900 square feet and 600 two-bedroom units covering 650 square feet.

    Word for word from the report in Maldives Republic. Open the report

  • 900 square feet Size of three-bedroom units Maldives Republic This phase includes 1,400 three-bedroom units spanning 900 square feet and 600 two-bedroom units covering 650 square feet.

    Word for word from the report in Maldives Republic. Open the report

  • 600 units Two-bedroom units in first phase Maldives Republic This phase includes 1,400 three-bedroom units spanning 900 square feet and 600 two-bedroom units covering 650 square feet.

    Word for word from the report in Maldives Republic. Open the report

  • 650 square feet Size of two-bedroom units Maldives Republic This phase includes 1,400 three-bedroom units spanning 900 square feet and 600 two-bedroom units covering 650 square feet.

    Word for word from the report in Maldives Republic. Open the report

  • 37 months Duration for completion of first phase Maldives Republic Scheduled for completion within 37 months from the commencement date, this phase seeks to ease the pressing demand for housing in the Greater Male region.

    Word for word from the report in Maldives Republic. Open the report

  • 2,000 units Social housing units KPIL is concurrently working on Maldives Republic KPIL, a well-experienced player in housing development, is concurrently working on another 2,000 Social housing units in Hulhumale’ Phase 2.

    Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical
Construction & property

Places

alphabetical
HulhumaléMalé

Named in these reports

alphabetical
Fahi Dhiriulhun CorporationKalpataru Projects International Limited (KPIL)Salfiyya Anwar Managing DirectorSarvajit Singh Vice President – Projects, Country Head Maldives