Housing Development Corporation (HDC) has decided to conduct research to determine the situation of the housing market in the Maldives, in order to provide shelter to its people.
According to HDC, an MOU has been signed with the Maldives National University (MNU) to conduct research on the current housing market of the country. HDC also stated that, in association with MNU, the corporation will be conducting several types of research and this could arguably be the first research of the series.
This agreement has been signed by the Managing Director, Suhail Ahmed, on behalf of HDC and Vice-Chancellor, Dr. Mohamed Shareef on behalf of MNU. HDC states that under this project, they aim to get the statistics of shelter and real estate business in the Maldives, and to train employees for different researches and works related to this profile.
