Hankede Island, which is being developed as a resort in southernmost Addu City, will be completed within the next two years, President Ibrahim Mohamed Solih has said.
Hankede was designated as a tourism development area by a special decree of the President on December 2, 2021. Hankede's development has been leased to the Maldives Fund Management Corporation under the government's integrated tourism model.
In January this year, the Fund Management Corporation announced that the funds required for the development of Hankede had been secured. The corporation also unveiled conceptual designs showcasing the envisioned completed islands.
The President said that the newly launched land expansion and road construction projects in Addu City are being carried out in alignment with the Hankede project. He noted that the Hankede project is an integrated resort, hotel, and guest house project and that 7,000 tourist beds will be operated in Addu when currently the Hankede project and other planned projects reach completion.
Hankede is an island connected to Maradhoo, and the government has decided to separate Maradhoo and Gaukendi, which are also connected to Hankede. As the work also requires changes to the Addu City link road, India's AFCONS Infrastructure, which is also building the ThilaMale Bridge, has been tasked with bringing about the modifications.
The Maldives Fund Management Corporation had earlier said that the Hankede project would create 1,041 guest rooms of various types. The project will create opportunities for the people of Addu and small and medium enterprises, the corporation had said.