Housing Development Corporation (HDC) has said that opportunities available for urban development in Hulhumale' Phase II are expected to attract more foreign investment.
“An increasing number of foreign investors are expressing interest in investment opportunities created under Hulhumale' Phase II,” Managing Director Mohamed Siman said, noting that the Knowledge Park and the IT Park in Hulhumale' offer attractive opportunities for long-term investments.
Hulhumale' Phase II will be developed as a modern youth city focused on creating the ideal environment to spur creative entrepreneurship and limitless opportunities for the future of the country, According to HDC. Hulhumale' Phase II offers opportunities in residential developments, light industrial parks, a tourism district, a yacht marina, institutional and commercial developments, and sports developments.