Housing Development Corporation (HDC) is seeking parties to develop and manage three boutique hotels in the integrated tourism zone's urban isle of Hulhumalé Phase 2.
Housing Development Corporation (HDC) today announced seeking parties to develop and manage three boutique hotels in the integrated tourism zone's urban isle of Hulhumalé Phase 2.
In the announcement, HDC revealed that the opportunity to submit expressions of interest (EOI) is now available for parties who are interested in the project, and that they would prioritise parties who want to work on a land lease model.
The company further said that if more than one party expresses interest in the project, then the project would be awarded to the most complete proposal. Factors considered in the evaluations of EOIs include proposed business model, operator experience as well as CSR.
Interested parties are urged to send in their EOIs by email before 02:00 pm of 1st September, 2024 to [email protected].
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