Bison Maldives signs contract to build first homes in Floating City

Bison Maldives has signed a contract with Dutch Docklands Maldives to build the first homes in Maldives Floating City.

Maldives Floating City is a new floating development of 5,000 homes being built in a lagoon a five-minute speedboat ride away from Male’ City.

Bison Maldives signed the contract for the construction of the first homes under the project on Wednesday, February 9.

Bison Maldives said the first homes will be ready after Ramadan, and tours for members of the general public will commence shortly afterwards – offering a real world look and feel for the new housing development.

The company said the homes were being built locally, to specifications designed by Dutch engineers.

Maldives Floating City uses the latest technology the Netherlands, where engineers have already completed floating housing projects.

Bison Maldives said the 5,000 homes will be tethered to the lagoon floor, and linked together to create a safe and comfortable environment.

Founder and Managing Director of Bison Maldives, Abdul Majeed said the company was delighted to be part of the ground-breaking housing project.

“Bison Maldives is delighted to be part of this ground-breaking housing project and we look forward to delivering the first homes on time,” he said.

Meanwhile, Maldives Floating City’s Director Ibrahim Riyaz said they looked forward to taking members of the public to see the first homes.

“We are excited to start the physical construction of Maldives Floating City, after months of painstaking legal and technical work to prepare for this world class and affordable housing development. I look forward to taking members of the public to the first houses, so they can see the project for themselves. In such an innovative development, seeing is believing,” he said.