Maldives signs agreement with China for development of Rasmale' and Gulhifalhu

The Maldives government has signed an agreement with China for the establishment of basic services and development of Rasmale' and Gulhifalhu. The announcement was made by President Dr. Mohamed Muizzu on Saturday while speaking to reporters after concluding his state visit to China.

President Dr. Mohamed said the agreement encompasses the design and construction of Rasmale and Gulhifalhu, including the electricity system, water system, sewerage system and dewatering system, fire system, gas network, and road development. An agreement was also signed to construct 30,000 housing units in Rasmale'.

The new administration launched its ambitious Rasmale' project on December 18, under which Fushi Dhiggaru Falhu will be developed as a modern mega city. A total of 1150 hectares of land will be dredged by Sri Lanka's Capital Marine and Civil Construction Company (CMCC) in exchange for the long-term lease of 70 hectares of land from Hulhumale Phase II and Rasmale', with 10 hectares from Hulhumale and 60 from Rasmale'. The project will be implemented without reliance on the state budget.