President of Maldives Abdulla Yameen Abdul Gayoom and First Lady Fathimath Ibrahim has officially inaugurated the state's grand housing scheme 'Hiyaa' (shelter) on Saturday night.
The grand housing scheme by state government hopes to provide sheltering for an estimated 100,000 people.
The project under the second phase of Hulhumale's development will see the construction of 10,080 housing units including flats of 1 room, 2 rooms and 3 rooms. A total of 36 towers are planned for construction under the project.
According to the state, government employees and their families included will comprise to roughly 100,000 individuals subjected for abodes.
Several of state owned corporations and institutions had joined force in powering the project as well. This includes Public Service Media (PSM), Maldives Transport and Contracting Company (MTCC), Maldives Airports Company Limited (MACL), State Trading Organization (STO), Island Aviation, Bank Of Maldives (BML), Maldives Ports Limited (MPL), State Electric Company (STELCO), Fenaka Corporation, Male' Water and Sewerage Company (MWSC), Department of Immigrations, Maldives Customs Service, Maldives National University (MNU) and Islamic University of Maldives (IUM).
In the early days of incumbent government a total land area of 240 hectors were reclaimed from the north end of Hulhumale' which was planned as the second phase of development the island will witness. Government had since assured the enactment of at least 15,000 housing units in the new reclaimed area.
Providing social housing and sheltering is a prime manifesto promise of the incumbent government, however with 4 years already past this marks the first grand scale housing project fully initiated under Yameen's administration.