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News tourism / investment Addu City Impact 6.0/10 2 min read
Addu City Council Opens Eedhigali Tourism Zone for Investment Opportunities

Addu City Council Opens Eedhigali Tourism Zone for Investment Opportunities

The Addu City Council opened the Eedhigali Tourism Zone in Hithadhoo, Addu City for investment opportunities. An area of about 21,000 square metres is available for 50-year lease to local and foreign investors to develop a city hotel and related facilities. Bid documents are purchasable from 13 March to 21 March, and bids will be accepted on 15 April. This is part of the Addu Coastal Tourism Development Plan, which aims to develop 6,000 beds, create 10,000 jobs, and revive the Shangri-La Villingili Resort. The plan also includes a cultural village, wellness zone, marine protected areas, and a hospitality school.

The Addu City Council opened the Eedhigali Tourism Zone in Hithadhoo, Addu City for investment opportunities. An area of about 21,000 square metres is available for 50-year lease to local and foreign investors to develop a city hotel and related facilities. Bid documents are purchasable from 13 March to 21 March, and bids will be accepted on 15 April. This is part of the Addu Coastal Tourism Development Plan, which aims to develop 6,000 beds, create 10,000 jobs, and revive the Shangri-La Villingili Resort. The plan also includes a cultural village, wellness zone, marine protected areas, and a hospitality school.

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Maldives Republic

Published

Mar 14, 2024

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2 min

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The Addu City Council opened the Eedhigali Tourism Zone in Hithadhoo, Addu City for investment opportunities. An area of about 21,000 square metres is available for 50-year lease to local and foreign investors to develop a city hotel and related facilities. Bid documents are purchasable from 13 March to 21 March, and bids will be accepted on 15 April. This is part of the Addu Coastal Tourism Development Plan, which aims to develop 6,000 beds, create 10,000 jobs, and revive the Shangri-La Villingili Resort. The plan also includes a cultural village, wellness zone, marine protected areas, and a hospitality school.

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