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SUBSIDIARY NAME

BEKER INFRA AND CONSULTING

COUNTRY

MALDIVES

SECTOR/ INDUSTRY

AVIATION

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

APR 4, 2022

ACQUISITION VALUATION

75 MILLION USD

TOTAL ASSET VALUATION

750 MILLION USD

TELECOMMUNICATION,IT

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 on 31.6 Hectares. 1200 meters runway, 24-hour flight schedule. Virgin Tropical Island, 11.7 Hectares land, 45 km away from Ifuru Island. Ready for development Featuring 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.) 25 Beach Villas (84 m2 each). 9 Pool Villas (113 m2 each)

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 back to their islands. Social housing project is the single largest investment dosage on the low-income populace sector in Maldives. It thus has the potential of being a major stimulus for a national economic turn-around. The aim is to create opportunities for economical 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-parents’ families, extended families (grown up children, elder parents) and external tenants.

SUBSIDIARY NAME

BEKER INFRA AND CONSULTING

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