President Dr. Muizzu Officiates Groundbreaking of the First Sustainable Township under the SEZ Framework

President Dr. Mohamed Muizzu officiated the groundbreaking of Project AYLA, the first sustainable township under the Special Economic Zones (SEZ) framework in Noonu Atoll. Valued at over USD 790 million, it is the largest private-sector investment outside tourism. The project includes luxury hospitality, residential, healthcare, vocational education, and agriculture. Over 60% of energy will come from renewables. It is expected to generate over 1,200 jobs. Minister Mohamed Saeed described it as a milestone in Vision 2040. The project is expected to be partially operational by end of 2028.

President Dr. Mohamed Muizzu officiated the groundbreaking of Project AYLA, the first sustainable township under the Special Economic Zones (SEZ) framework in Noonu Atoll. Valued at over USD 790 million, it is the largest private-sector investment outside tourism. The project includes luxury hospitality, residential, healthcare, vocational education, and agriculture. Over 60% of energy will come from renewables. It is expected to generate over 1,200 jobs. Minister Mohamed Saeed described it as a milestone in Vision 2040. The project is expected to be partially operational by end of 2028.

President Dr. Mohamed Muizzu officiated the groundbreaking of Project AYLA, the first sustainable township under the Special Economic Zones (SEZ) framework in Noonu Atoll. Valued at over USD 790 million, it is the largest private-sector investment outside tourism. The project includes luxury hospitality, residential, healthcare, vocational education, and agriculture. Over 60% of energy will come from renewables. It is expected to generate over 1,200 jobs. Minister Mohamed Saeed described it as a milestone in Vision 2040. The project is expected to be partially operational by end of 2028.

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