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JMC Projects (India) has signed an agreement with Fahi Dhiriulhun Corporation (FDC), a state-owned company of the Government of the Republic of the Maldives, for the design, finance and construction of 2,000 social housing units in Hulhumale Island of Maldives. The total value for this project is estimated to be around USD 137 Million (~Rs.1,000 crore) and is planned to be financed via a loan from multilateral funding agency. The financial closure of the project is expected to conclude soon and construction on the project will commence after the financial closure . Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Fahi dhiriulhun corporationHulhumale islandCapital marketChinamaldives relationsConstruction amp engineering necGovernment of the republic maldivesIsland of maldivesJmc projects indiaமூலதனம் சந்தைகட்டுமானம் ஆம்ப் பொறியியல் கழுத்துஅரசு ஆஃப் தி குடியரசு மாலத்தீவுகள்தீவு ஆஃப் மாலத்தீவுகள்ஜும்க் ப்ராஜெக்ட்ஸ் இந்தியா