As part of this administration pledge; providing shelter for the public at an affordable price, President Ibrahim Mohamed Solih has by a Presidential Decree, established a state-owned company known as the “Fahi Dhiriulhun Corporation Limited”.

Fahi Dhiriulhun Corporation Limited was established with the aim of to provide shelter for the community at an affordable price under Section 95 of the Maldives Constitution Act No 10/96 “The Companies Act of the Republic of Maldives” and with the President’s authority, by a Presidential Decree no 2/2019.

The newly established company will be mandated with the responsibilities by carrying out all works of this administration in providing shelter for the community at an affordable price, providing shelter to low-income earners at a subsidized rate, and providing capital for first time house buying individuals.