State-owned company established with the primary objective of providing social housing to the citizens of Maldives – Fahi Dhiriulhun Corporation Limited (FDC) – is looking to develop mixed-use residential buildings in two areas of Male’ City. Accordingly, they have invited interested local and foreign parties to submit their proposals.
Project A is the 231,073.78 square foot Block 307. The plot area is 18,946. The maximum height is 14 floors.
Project B is the 173,229.56 square foot Block 319. The plot area is 14,288. The maximum height is 14 floors.
While parties are allowed to submit proposals for both projects, they must be submitted separately. An amount of MVR 500,000 must be kept as bid security for local parties and USD 100,000 should be kept for foreign parties. The deadline for submissions of proposals is 16th June.
Bid registration for both the projects must be completed by 1400 hours of 29th April. Registration can be done online, and bid document will be shared via email on the same day.