The CEO of Bank of Maldives (BML), Mohamed Shareef, has announced the decision to develop an additional 540 housing units under the bank’s affordable housing project. The CEO made this statement during the foundation stone laying ceremony for housing units being constructed in Hulhumalé under the government’s “Housing for All” policy.
Speaking at the ceremony held to lay the foundation for 364 housing units in Hulhumalé, CEO Shareef noted that the “Housing for All” policy is a national initiative launched by President Dr. Mohamed Muizzu. He emphasized that the project aims to ensure housing security for every Maldivian family by taking their individual circumstances into account.
Furthermore, Shareef stated that physical work has already commenced on all affordable housing units currently being developed under this project. He also highlighted that, in response to the prevailing housing situation, BML has decided to construct additional units under its Affordable Home Leasing scheme.
