The foundation for the current government's first housing project has been laid at Hulhumale' Phase II.
The 1700-unit housing project was inaugurated by Planning Minister Mohamed Aslam and Housing Minister Aminath Athifa, and the Vice President of Chinese company, Sinohydro at a ceremony held at the reclaimed suburb on Tuesday.
The government is working with Sinohydro Company to construct the housing units for 'first-time home buyers'. 11 towers of 15 and 16 storeys will be constructed under the project. This includes 1020 three bed-room apartments of 900 square feet and 680 two-bedroom apartments of 650 square feet.
Housing Ministry revealed that the physical implementation of the project will kick off during May this year. The two-year project is estimated to cost US$ 133 million.
During the 2018 presidential campaign, President Ibrahim Mohamed Solih had pledged to construct 4000 housing units for Male' residents. Speaking at a ceremony held to inaugurate Male' Screetscaping project last month, Presuident Solih had announced that the foundation for 1700 and 1300 housing units targeted for Male' residents will be laid within the current month.