Six parties express interest in Hulhumal

Six foreign parties have expressed interest in carrying out the second phase of Hulhumalé land reclamation project, for of whom attended the pre-bid meeting.

An official from the Housing Development Corporation (HDC) told today that the pre-bid meeting was conducted last Thursday, at HDC.

The official also said that the six parties which had expressed interest in the project were all world-class companies, and that the two parties which did not take part in the pre-bid meeting could not because of some unforeseen difficulties, and that they could also bid for the project.

“Bids should come before the end of this month. As soon as bid evaluation is complete, the project would commence”, said the official.

Among the parties which have expressed interest in the project is the Royal Boskalis Westminster, which has worked on similar projects in the Maldives before.

According to HDC, the second phase of the largest such project carried out in the Maldives would cost USD 60 million.

In the second phase of Hulhumalé land reclamation project, 230 hectares would be filled. The area would, according to authorities, be suitable for a population of a 100,000 people.

In the first phase of the Hulhumalé project, 188 hectares were filled, for a population of 60,000. According to HDC, there is already a population of 20,000 in Hulhumalé.