The Maldives Monetary Authority (MMA), the central bank, has announced a search for a consultancy to construct a new office building in the first phase of Hulhumale’. According to the MMA’s announcement, the consultancy is needed for the design and construction of the building. Therefore, they are seeking someone with education and experience in this field for the consultancy service. Interested parties are to submit an Expression of Interest (EOI) to the authority’s email, with the deadline for EOI submission being before 11:00 on the 10th of next month.
The MMA has requested that bidders who need additional information email their queries before the 17th of next month. The central bank, MMA, purchased a plot of land in Hulhumale’ for 211 million rufiyaa in 2023 for their office building construction. Details of this transaction, conducted through the Civil Court, were disclosed in the court’s ruling. The MMA bought a 43,400 square foot plot.
The decision to construct a new building in Hulhumale’ was made to ensure the safety of the state treasury and to have ample space to arrange security measures for safely managing the transfer of money from banks to the authority, as previously stated by the MMA.
