Fahi Dhiriulhun Corporation (FDC) has announced that the 4,000 housing units under development in Hulhumalé Phase II are nearing completion and are expected to be handed over to eligible beneficiaries by September 2025.

FDC Managing Director Hamdhan Shakeel confirmed the update during an interview on MMTV’s Bodu Khabaru programme. According to Hamdhan, significant progress has been made since the new Administration assumed office, with construction works accelerating across multiple zones.

The housing units split between contractors National Buildings Construction Corporation (NBCC) and Kalpataru Projects International Limited (KPIL) were initially launched during the previous administration. However, Hamdhan noted that only limited progress had been achieved at the time of the government transition. Of the total units, just 38 per cent of NBCC’s allocation and 45 per cent of KPIL’s had been completed in 669 days.

Following administrative reforms and inter-agency coordination introduced under President Dr Mohamed Muizzu, FDC says the pace of construction has markedly improved. Monthly progress increased from 1.73 per cent to 2.78 per cent, allowing both projects to reach 98 per cent completion within eight months.

Hamdhan attributed earlier delays to poor planning and a lack of streamlined decision-making. He said the absence of timely responses to minor technical issues had created congestion in the workflow. Under the current Administration, changes in project management have allowed issues to be resolved on a weekly basis.

The acceleration of the project was made possible through close cooperation with several state institutions, including Maldives Ports Limited (MPL), the Ministry of Finance and Planning, the Ministry of Construction, Housing and Infrastructure, and Maldives Customs Service. Hamdhan highlighted that these agencies provided essential support to fast-track construction and remove bottlenecks.