Bank of Maldives (BML) has announced that it is seeking a contractor to design, construct and finance its new head office in Hulhumalé Phase II.

The building will cover an area of 2,648.40 square metres on Lot 11824 and will have 14 floors, in addition to two basement levels. According to the announcement, the ground floor will be dedicated to customer services, employee services and retail space.

A garden terrace will be developed on the 12th floor, while the 13th and 14th floors will be reserved for executive offices.

The building will include parking facilities for at least 65 cars and 400 motorcycles. A solar farm must also be established on the roof to generate renewable energy.

The selected contractor will be required to finance the entire project through foreign sources other than BML, in US dollars.

Offers involving foreign currency exchange with BML will not be accepted. However, conventional or Islamic (Sharia-compliant) financing models may be proposed.

The deadline for submitting expressions of interest is 4:00 p.m. on 30 August 2020.