SUBSIDIAIRY NAME	COUNTRY	SECTOR/INDUSTRY	OWNERSHIP %	ACQUISITION DATE	ACQUISITION VALUATION	TOTAL ASSET VALUATION
BEKER INFRA AND CONSULTING	MALDIVES	AVIATION	70% IIB-DG	APR 4, 2022	75 MILLION USD	750 MILLION USD
BEKER INFRA AND CONSULTING	MALDIVES	CONSTRUCTION	70% IIB-DG	APR 5, 2022	600 MILLION USD	6 BILLION USD
HULHUMALE CONVENTION CENTRE WITH HOTEL	MALDIVES	CONSTRUCTION	70% IIB-DG		287 MILLION	2.87 BILLION

REAL ESTATE

BEKER INFRA AND CONSULTING: IIB-DG acquired BEKER INFRA AND CONSULTING on APR 5, 2022, for the social housing project is the single largest investment dosage in the low-income populace sector in the Maldives. It thus has the potential to be a major stimulus for a national economic turnaround. The aim is to create opportunities for economically weaker sections and personal development through housing as an income-generating tool during the construction period. The units are designed to accommodate a range of family types, including nuclear families, single-parent families, extended families (grown-up children, elder parents), and external tenants. The target is to construct at least 15,000 such units using 3D penal technology in order to achieve environmental sustainability. The construction technology shall meet the stringent requirements of European housing construction regulations.

BEKER INFRA AND CONSULTING: Development and employment opportunities are created in the outer atolls; an integral part of such development will be decent housing for the local population. Hence, housing at an affordable price will be essential for the locals to return to their islands. The social housing project is the single most significant investment dosage in the low-income populace sector in the Maldives. It thus has the potential to be a major stimulus for a national economic turnaround. The aim is to create opportunities for economically weaker sections and personal development through housing as an income-generating tool during the construction period. The units are designed to accommodate various family types, including nuclear families, single-parent families, extended families (grown-up children, elder parents), and external tenants.

RESORT

BEKER INFRA AND CONSULTING: A MALDIVES RESORT ISLAND INVESTMENT OPPORTUNITY IFURU ISLAND. Newly Constructed Resort. An operational Airport. A virgin tropical island for development. Total area – 68 Hectares. CAPEX USD 75 Million., Operational domestic airport since May 2015. Spread over 31.6 Hectares. One thousand two hundred meters runway, 24-hour flight schedule. Virgin Tropical Island, 11.7 Hectares land, 45 km away from Ifuru Island. Ready for development Features 90 Villas. Concept available,24.2 Hectares of land for Resort. 150 Total Villas with a 300- person capacity 6 Twin Villas (250 m2 each). 100 Duplex Villas (58 m2 each.) and 25 Beach Villas (84 m2 each). 9 Pool Villas (113 m2 each)