The Housing Development Corporation (HDC) on Thursday announced seeking interested party to develop 15 parking buildings in Hulhumale’.
HDC said that to enhance equal opportunity for proponents, they are required to submit expression of interest (EOI) for the development.
The preferred mode for the project is EPC+F (Engineering, Procurement, Construction, Finance) model. HDC said this however, does not restrict proponents from submitting other models in their proposals, provided it is beneficial to both parties.
In the event of multiple proposals, HDC will select the EOI that best aligns with the corporation’s vision, strategic objectives, and master plan. The proponents will be evaluated based on the proposed business model, experience, team, financial stability, capacity, and CSR scope.
Interested proponents are required to submit their EOI to HDC via email or to its address on or before September 16, 2024.