Housing Development Corporation (HDC) has extended the invitation for the submission of Expression of Interest (EOI) for the Thilafushi Reclamation Project.
As per the announcement issued by HDC on April 14, interested parties are required to submit their EOI for the Thilafushi Reclamation Project by 1530hrs on May 8. HDC said the evaluation criteria for the EOIs will assess the project financing mechanism, technical capability of the contractor and the proposed duration of the project. HDC added compatibility with its vision, strategic objectives and masterplan would be an added advantage.
The project involves dredging, reclamation and shore protection of a 160-hectare area which is to be allocated as Thilafushi Phase II. The area will be distributed into six different zones, including zones for major and minor industrial works. An area will also be allocated for the development of a liquified natural gas plant. Furthermore, zones will be allocated for mixed-offices and small businesses.