MD of FDC, Hamdhan reveals that an additional financial pool of MVR 454 is required for key services formerly omitted in the project framework of Fahi Dhiriulhun flats built in Hulhumale' Phase 2.
Managing Director of Fahi Dhiriulhun Corporation, Hamdhan Shakeel has stated that several key facilities of the Fahi Dhiriulhun flats were excluded in the project's overall scope compiled by the former administration and revealed that an additional MVR 454 million is required to complete installation of these features.
On a post made on social platform X, he recalled that the former government had affixed 216 concrete slabs within 22 months since launching this project of 4,000 housing units, further remarking that the current administration had contrastingly installed 192 slabs onto the towers over the span of the last five months alone.
The Managing Director had maintained that the monthly production of 10 slabs has been expedited to affix 48 slabs on average.
While 32 towers are being built in Hulhumale' Phase 2 under this project, a total of 4,000 housing flats are determined to be built within these towers wherein each tower consists of 17-18 storeys. This project includes 1,200 two-bedroom apartments and 2,800 three-bedroom apartments with each floor built to accommodate 8 apartments.
Update 2/2 on the status of the construction of FDCs 4000 housing units.
— Hamdhan Shakeel (@HamdhanShakeel) April 17, 2024
The scope of the project decided by the President Ibrahim Mohamed Solih’s government does not include key services and facilities including connection of the towers to the power grid, security systems, GPON…
The 16 "Amaan Udhares" housing units proceeded with a fund of MVR 227 million (MVR 3.5 billion) loan acquired from India's Axim Bank has been contracted to JMC Projects Limited while the remaining 16 towers under "Amaan Dhoadi" has been assigned to NBCC Limited.
However, Hamdhan asserted that several key functions of these towers were excluded in the scope of the project which includes linking each tower to power grids, security systems installations, establishing GPON network to facilitate internet and other media connections to the tenants alongside waste disposal systems and landscaping procedures.
He further assured that FDC is proceeding measures to secure this financial pool of MVR 454.5 million needed to consequently conclude these pending works together with the administration.
"The first agreement signed only had construction, door, fan, safety and toilet fixture incorporated into the agreement," said Hamdhan.
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