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HDC signs with IUM for the development of IUM office building


January 10, 2018 : 3:10 pm

Housing Development Corporation signed with Islamic University of Maldives for the development of IUM’s office building in Hulhumalé.

The agreement was signed by Managing Director of HDC Mr. Mohamed Saiman and Chancellor of IUM Dr. Mohamed Shameen Ali Saeed, at a ceremony held at HDC head office, today.

The office, which is to be developed as a waqf building, will be located in the south east of Central Park, within close proximity to the Mini Mall.

Dr. Mohamed Shameen Ali Saeed expressed his gratitude towards His Excellency President Abdulla Yameen Abdul Gayyoom, and Mr. Mohamed Saiman for the support IUM has received regarding the project. Mr. Mohamed Saiman shared his hopes for the initiation of this project leading to various religious and educational services being provided to the residents of Hulhumalé.

This building would be the first office building developed by the charitable institution of waqf in Hulhumalé.