Planning Minister Mohamed Aslam has said the flats developed under the “Hiyaa” project implemented during the administration of former president Yameen Abdul Qayyoom will be ready for occupancy in eight months.
In a news brief held on Monday, Planning Minister said 6720 flats have been developed in Phase II of the reclaimed suburb Hulhumale’, and that the project agreement makes no mention of some finishing works in the agreement including Interior design, tiling, and lighting work. The Minister said it would take some time to supply water and electricity for Phase II. While about seven months are required to supply power, eight months are needed to provide water, detailed Minister Aslam. The Minister said the recipients of the 6720 flats will be publicised after verification, and that the verification work is expected to be concluded in September.
The flats were constructed by one of the main companies of the Chinese government, China State Construction Engineering and Corporation (CSCEC). The contract was awarded to CSCEC for USD 434 million [approximately MVR 6.6 billion], which amounts to approximately USD 62,000 per flat [MVR 954,000]. A total of 16 towers of 25 floors have been constructed under the project.