Ashoka Buildcon’s 50:50 Consortium with Mohan Mutha Exports, has bagged the EPC contract for development of Road Network for Hulhumalec Phase 2, Stage 1 ('Project') by Housing Development Corporation ('HDC'), Republic of Maldives, to be completed within 18 months. The estimated Cost of the Project as per HDC is $38.11 million. The consortium has signed the contract agreement with Housing Development Corporation, Maldives.
Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.
