Government Denies Switching Hulhumalé Phase III Plots to Fushidhiggaru

The government denied allegations that land plots allocated in Hulhumalé Phase III would be switched to Fushidhiggaru Lagoon. Urbanco's Managing Director Ibrahim Fazul Rasheed refuted the reports. President Mohamed Muizzu removed Fushidhiggaru Lagoon from the jurisdiction of Gulhi Island Council in Kaafu Atoll. The government is addressing the housing crisis by reclaiming areas in the greater Malé region. The President pledged to reclaim Fushidhiggaru Lagoon within his first 100 days. The 2024 budget initially included MVR 400 million for the reclamation, but Parliament reallocated the funds to other projects.

The government denied allegations that land plots allocated in Hulhumalé Phase III would be switched to Fushidhiggaru Lagoon. Urbanco's Managing Director Ibrahim Fazul Rasheed refuted the reports. President Mohamed Muizzu removed Fushidhiggaru Lagoon from the jurisdiction of Gulhi Island Council in Kaafu Atoll. The government is addressing the housing crisis by reclaiming areas in the greater Malé region. The President pledged to reclaim Fushidhiggaru Lagoon within his first 100 days. The 2024 budget initially included MVR 400 million for the reclamation, but Parliament reallocated the funds to other projects.

The government denied allegations that land plots allocated in Hulhumalé Phase III would be switched to Fushidhiggaru Lagoon. Urbanco's Managing Director Ibrahim Fazul Rasheed refuted the reports. President Mohamed Muizzu removed Fushidhiggaru Lagoon from the jurisdiction of Gulhi Island Council in Kaafu Atoll. The government is addressing the housing crisis by reclaiming areas in the greater Malé region. The President pledged to reclaim Fushidhiggaru Lagoon within his first 100 days. The 2024 budget initially included MVR 400 million for the reclamation, but Parliament reallocated the funds to other projects.

This story involves 1 source and may affect public understanding of housing / land plots.