Indian consortium awarded US$40m road construction project
The Housing Development Corporation (HDC) signed a contract with the Consortium of Mohan Mutha Exports and Ashoka Buildcon for “the construction and development of all major road networks in Hulhumalé Phase II, [and] connecting all the neighbourhoods and commercial areas such as the tourism district, yacht marina and knowledge park.”
31 Oct 2015, 9:00 AM
A US$40 million project has been awarded to an Indian consortium for road construction in newly reclaimed land in the capital’s suburb Hulhumalé.
The Housing Development Corporation (HDC) signed a contract with the Consortium of Mohan Mutha Exports and Ashoka Buildcon on Wednesday.
“This project comprises of the construction and development of all major road networks in Hulhumalé Phase II, connecting all the neighbourhoods and commercial areas such as the tourism district, yacht marina and knowledge park,” the HDC said.
The project will be completed in 18 months and also includes “provisions for service providers, pavements, street lights, road signs, and road markings.”
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