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Two companies contracted with developing housing units in Naifaru and Thulhaadhoo

Two companies contracted with developing housing units in Naifaru and Thulhaadhoo


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Housing Ministry has contracted two companies with developing housing units in Naifaru and Thulhaadhoo. 

In a ceremony held at the ministry today, Precision Engineering Services was contracted with developing housing units in Thulhaadhoo while W and A Overseas was contracted with developing housing units in Naifaru. 

Under the agreement, the housing units in Thulhaadhoo should be completed within 363 days while the housing units of Naifaru should be completed within 311 days. 

100 housing units are to be developed in each island. A total of MVR 79,682,850 was allocated for the housing units in Thulhaadhoo while MVR 71,403,200.60 was allocated for the project in Naifaru. 

Each housing unit has an area of 1100 square feet.