The Housing Development Corporation (HDC) has conducted a pre-bid meeting with six foreign parties interested in carrying out the second phase of the Hulhumale’ land reclamation project, reports local media.
With a cost of US$60 million the project is the largest of its kind in the Maldives, and will involve 230 hectares of reclaimed area suitable for a population of 100,000, Sun Online reported.
“Bids should come before the end of this month. As soon as bid evaluation is complete, the project would commence”, an HDC official was quoted as saying.
Companies involved in the bid included those with previous experience in the Maldives, including Royal Boskalis Westminster, Sun reported.