Maldive Gas signs with Housing Development Corporation (HDC) to establish a system for the provision of gas for Hiyaa Flat residents.
Furthermore, the agreement was signed between the Managing Director of Maldive Gas, Mr. Shazai Siyam and the Managing Director of HDC, Mr. Suhail Ahmed.
This marks the first time an agreement of such nature has been signed in the Maldives for a social housing project.
Moreover, the initiative aims to reduce complications for the residents who have shifted from their previous tenancies to the Hiyaa Flat residencies – when applying for Maldive Gas services.
In addition to this, the project involves creation of a storage space for gas in each of the residential towers.
Meanwhile, HDC estimates the project of installing the gas storage and delivery system will complete by the second quarter of 2022. Maldive Gas has been contracted to manage the system for a period of 20 years.