News

HDC seeks contractors to develop Boutique Hotel in Hulhumale'

Housing Development Corporation (HDC) is seeking contractors to develop and run the Boutique Hotel in the Integrated Tourism Zone of Hulhumale' Phase II, with opportunities open for those interested to submit the Expression of Interest (EOI). The EOI can be submitted via email, before September 1, 1400hrs.

HDC stated that contractors will be prioritised based on those who propose to complete the project under the land lease model. However, it said that proposals with other models will also be accepted. It stated that if proposals are submitted by multiple parties, the contractor will be chosen based on the most perfect proposal submitted. The proposal will be evaluated by HDC, focusing on the proposed business model, relevant experience and financial capability of the contractor.

The Boutique Hotel is to be developed in three land plots. The Urban Island, situated in the northern area of Hulhumale', is specialised for tourism. HDC revealed that the 23 hectare island will consist of several accommodation facilities to cater transit tourists, tourists visiting for short periods and tourists on business trips, as well as facilities to accommodate tourists staying for longer periods.

Recently, HDC has announced that it was seeking contractors to develop three hotels in the Integrated Tourism Zone. Interested parties are to submit their EOI via email, before August 29, 1400hrs.