Letter of Intent (LOI) has been signed between Exim Bank of India and Fahi Dhiriulhun Corporation Limited on 20th February 2021. The LOI is to facilitate financing for Fahi Dhiriulhun NBCC Housing Project for which the Engineering, Procurement and Construction (EPC) was signed on 2nd February 2021. Under this project, 2000 housing units are planned to be developed in Hulhumale’ phase 2.
Managing Director Ms. Salfiyya Anwar signed the LOI on behalf of FDC and General Manager Ms. Shilpa Rajdeep Waghmare signed on behalf of Exim Bank of India. The signing took place at an event held at the Ministry of Foreign Affairs during the visit of the Minister of External Affairs of India Dr. Subrahmanyam Jaishankar.