Additional elevators in one Hiya tower become operational after 468 days

May 28, 2025, 12:26 PM
Photo: Mirash Nashim/ Adhadhu

Photo: Mirash Nashim/ Adhadhu

The additional elevators installed in one of the Hiya towers have been put into operation 468 days after the contract was awarded under the first 100-day pledges of the government.

An official for the Housing Development Corporation (HDC) told Adhadhu that the additional elevators installed in the second Hiya tower went into operation on Sunday.

The official said the installation of additional elevators in some other towers was nearing completion. However, HDC does not know when these elevators can become operational after testing. The elevators include a stretcher elevator and a passenger elevator.

Shenyang Yuanda Intellectual Industry Group of China was contracted on February 12, 2024, to install 32 additional elevators in the 16 Hiya residential towers. The initial agreed-upon date for completion of the work was January 30, 2025.

However, the deadline was extended till April 15. The HDC took reporters to the area on May 9 and said the elevators would be installed by November.

Although the HDC said the work of installing elevators would be completed by November, the structure required to install the elevators in some of the towers has not yet started.

The installation of additional elevators in Hiya towers was included in the budget approved for last year as part of the government's 100-day agenda.

The amount budgeted at the time was MVR 200 million. However, the amount for the project was revised and written as MVR 108 million in the state budget for this year. The rest of the money is believed to be spent from the HDC budget.

Comments

Read More

Latest News

Priority should be sale of assets to generate immediate liquidity

Former President Mohamed Nasheed urged the Maldives to prioritize selling assets for immediate liquidity rather than long-term projects like the $20 billion Rasmalé development. He argued the UAE-backed waterfront deal will not provide the urgent cash flow needed to resolve the nation's current financial crisis.

Police seek charges against six men for assaulting officers

Maldives Police are seeking charges against six men for assaulting officers during a drug search in Maafushi. Five suspects remain in custody, while one was released by the court. Authorities have also appealed the release of a seventh individual involved in the August incident.

No tax concessions for UAE developer in Rasmale' project

The Maldives government awarded the $20 billion Rasmalé project to UAE developer Eagle Hills without tax concessions or exemptions. All business activities will follow national tax laws, with payments processed through local banks. The state expects over $11 billion in revenue from sales fees and commercial revenue sharing.

No details on size and value of land given to Dubai company

The Maldives government signed a $20 billion deal with Dubai’s Eagle Hills to develop a massive integrated zone in Rasmalé. While the project promises 54,000 jobs and housing, officials have withheld specific details regarding the land size, valuation, and lease terms. The area is expected to operate as a special economic township.

Rasmale' investor to build 5,000 housing units in Hulhumale'

The Maldivian government has partnered with UAE-based Eagle Hills to build 5,000 housing units in Hulhumalé using a contractor financing model. This agreement follows a massive $20 billion deal for the firm to develop Rasmalé. The project will feature luxury residences and a world-class marina without impacting existing housing plans.

AMFA concludes first Junior Lifeguard Program

The Australia Maldives Friendship Association successfully completed its first Junior Lifeguard Program pilot in Thulusdhoo and Fuvahmulah. The initiative trained youth in water safety and rescue skills to enhance maritime security. AMFA plans to expand the program across the Maldives by 2027 through partnerships with local councils.

Project to build international bowling arena in Hulhumale'

A private company has been awarded a MVR 20 million project to build the Maldives' first international-standard bowling arena in Hulhumale'. The two-story facility aims to host global competitions, though the direct award process lacks an official statement. This project is part of a broader plan to develop world-class sports infrastructure.

Newsletter

Get the latest news delivered straight to your inbox