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Tuesday 01 Apr 2025
LOCAL EDITION
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LOCAL EDITION
Three state-owned companies contracted to develop new buildings for healthcare facilities across 10 islands. (Photo/Health Ministry)
Three state-owned companies – Road Development Corporation (RDC), Fenaka Corporation and Maldives Transport and Contracting Company (MTCC) – have been contracted to develop new buildings in healthcare facilities across 10 islands.
Projects awarded to RDC:
Project value: MVR 108,322,537.04
Project timeframe: 540 days
Project value: MVR 26,839,684.82
Project timeframe: 540 days
The agreements pertaining to the projects were signed by Managing Director Brigadier General (Retired) Ali Zuhair on behalf of RDC. State Minister for Health Ismail Abdulla signed the agreements on behalf of the Health Ministry.
Projects awarded to Fenaka:
Project value: MVR 7,641,116.64
Project timeframe: 365 days
Project value: MVR 6,763,307.5
Project timeframe: 300 days
Project value: MVR 6,757,395.89
Project timeframe: 300 days
The agreements pertaining to the projects were signed by Managing Director Major (Retired) Mohamed Najah on behalf of Fenaka.
Projects awarded to MTCC:
Project value: MVR 11,197,462.90
Project timeframe: 450 days
Project value: MVR 110,979,732.12
Project timeframe: 600 days
Project value: MVR 110,716,732.12
Project timeframe: 600 days
Project value: MVR 185,571,402.42
Project timeframe: 780 days
Project value: MVR 185,571,402.42
Project timeframe: 780 days
The agreements pertaining to the projects were signed by Managing Director Ahmed Saudee on behalf of MTCC. State Minister Ahmed Gasim signed the agreements on behalf of the Health Ministry.
The government has recently awarded a large number of projects to these state-owned companies.
