President Dr. Mohamed Muizzu has decided to construct additional airports across various islands in the Maldives.
A Presidential Decree gazetted by the President’s Office on Wednesday outlined the islands where the airports are to be developed and the minimum investment required for these projects.
The decree also sets out the key projects to be implemented by the government under an economic policy or social policy for the general benefit of the state as stipulated in the Tourism Act and the minimum investment required by contractors.
Islands where new airports will be developed
HA. Dhidhdhoo
Sh. Dhiguveli
Sh. Milandhoo
N. Vihafaru
R. Fainu
AA. Mathiveri
F. Nilandhoo
GA. Maalhendhoo
Th. Guraidhoo
The presidential decree also opened opportunity for investment to develop a second airport in Laamu Atoll, at a location designated by the government. The project requires a minimum investment of US$5 million. Investors were also invited to participate in ongoing airport projects in HDh. Makunudhoo, R. Alifushi, M. Muli, Sh. Bilehfahi, and Th. Vilufushi, with a minimum investment of US$4 million. The Presidential decree further announced plans for the development of international airports in GA. Villingili and GDh. Thinadhoo, which requires a minimum investment of $7 million. Furthermore, the decree paves the way for coastal tourism projects in L. Gan and southernmost Addu City. The minimum investment for the coastal tourism project in L. Gan is set at US$7 million, while Addu City requires a minimum investment of US$10 million.
