HDh. Atoll, Maldives – President Ibrahim Mohamed Solih has stated that a nationwide housing project of MVR 1.2 billion is set to commence in 2022.
The President stated that the MVR 1.2 billion is allocated straight from the budget for housing projects across the Maldives.
President Solih stated this during his official trip to HDh. Kulhudhuffushi to join the activities held to celebrate this year’s National Youth Day.
The President further added that 400 housing units are reserved from the budget for Kulhudhuffushi while an additional 1000 are to be constructed through foreign investments.
In July 2021, President Solih has stated that the government will give high priority to islands that need housing when allotting the MVR 1.5 billion budget for housing projects to be carried out by the government in the year 2022.
President Solih is joined on his current trip to Kulhudhuffushi City by a delegation of cabinet ministers and senior officials from the government.