U.S. company Structures Unlimited signed an EPC agreement with Fahi Dhiriulhun Corporation on Thursday, 31 August to develop 4,000 social housing units for US$249 million with a 36-month completion period. An Indian company was also awarded a contract to build another 4,000 units in Hulhumalé, with a first phase of 2,000 units costing US$165 million.
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Structures Unlimited, a U.S. company, has been awarded the contract to develop 4,000 social housing units across the country.
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The total project value will be US$249 million with the completion period set at 36 months.
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The total project value will be US$249 million with the completion period set at 36 months.
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750 housing units in Addu City
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500 housing units in Thinadhoo City
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1,000 housing units in Gan, Laamu atoll
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1,000 housing units in Kulhudhuffushi City
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and 750 in Greater Malé.
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an Indian company has been awarded a contract to build another 4,000 housing units in Hulhumalé, which will proceed in two phases
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The first phase alone will cost US$165 million and involve the development of 2,000 housing units.
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The first phase alone will cost US$165 million and involve the development of 2,000 housing units.
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The agreement was signed by Salfiyya Anwar, Managing Director of FDC, and Kareem Jamal Abdul-Salaam, Chairman of Structures Unlimited.
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