President lays foundation stones for 1350 housing units

President Mohamed Nasheed has laid the foundation stone of 1000 housing units to be built in Hulhumale’ under an agreement between the Maldives and the Chinese government.

The 1000 housing units will be built across 40,000 square metres on the reclaimed island 1.3 kilometres north of Male’ to relieve housing pressure on the densely population city, one of the most congested in the world.

Chinese news agency Xinhua reported that Vice President of CMEC Li Chaoyang, the Chinese contractor building the project, said the firm would would abide by Maldivian laws and respect the and customs of the Maldivian people in the process of carrying out the project.

“We will strictly implement the contract, elaborately organise the construction works, and ensure the quality of the project. We will deliver an eco-friendly, enjoyable and high quality residential area for the Maldivian people,” Li said.

Xinhua reported Chinese Ambassador Yang Xiuping as saying that she was “very glad that the Chinese company, CMEC, won the bid for the project in Hulhumale. I wish it every success.”

According to the government’s Isles project, the units are expected to be completed in two years.

Earlier last week President Nasheed laid the foundation stone for another 350 housing units in Male’, which will be build by Indian developers Kargwal 18 SG.