President Ibrahim Mohamed Solih has announced a nationwide mega housing project funded by the government worth MVR 1.2 billion.
The President made the announcement while officiating the ceremony held at Kulhudhuffushi City last night to mark the National Youth Day.
President Solih said that the purpose of the mega project is to alleviate the housing situation across the country within the next two years. The project is expected to commence in 2022
He said that 400 of the housing units within its first year’s allocation would be reserved for Kulhudhuffushi City.
President Solih also expressed delight in announcing that negotiations with a foreign party to develop an additional 1000 housing units in Kulhudhuffushi City have now been completed.
Speaking at the ceremony last night, President Solih said that the government has drafted a bill aimed at fostering patriotic young people who love and respect the principles of Islam.
President Solih stated that another purpose for proposing the bill is to cultivate and nurture responsible and productive citizens.
Highlighting that guiding youth towards achieving their aspirations and facilitating prospective opportunities for youth are also among the reasons why the government proposes the bill, President Solih said that he anticipates the bill to pave the way for meaningful contributions towards the progress of the nation.
