Government Invites Bids for Development of Nalandhoo Island as Tourist Resort

The Ministry of Tourism of Maldives has for the second time invited bids to develop a tourist resort on Nalandhoo island in Shaviyani Atoll. The previous lease for sea-cucumber farming was terminated with compensation to repurpose the island for tourism. The initiative came after consultations President Ibrahim Mohamed Solih had with island councils during his visit to Shaviyani Atoll in 2021. The first bid announcement was in August of the same year, alongside Medhafushi island in Haa Alifu Atoll, and later Ruhthibirah island in Thaa Atoll. Investor interest in resort development has cooled recently, with sparse bid submissions and fewer lease handovers.

The Ministry of Tourism of Maldives has for the second time invited bids to develop a tourist resort on Nalandhoo island in Shaviyani Atoll. The previous lease for sea-cucumber farming was terminated with compensation to repurpose the island for tourism. The initiative came after consultations President Ibrahim Mohamed Solih had with island councils during his visit to Shaviyani Atoll in 2021. The first bid announcement was in August of the same year, alongside Medhafushi island in Haa Alifu Atoll, and later Ruhthibirah island in Thaa Atoll. Investor interest in resort development has cooled recently, with sparse bid submissions and fewer lease handovers.

The Ministry of Tourism of Maldives has for the second time invited bids to develop a tourist resort on Nalandhoo island in Shaviyani Atoll. The previous lease for sea-cucumber farming was terminated with compensation to repurpose the island for tourism. The initiative came after consultations President Ibrahim Mohamed Solih had with island councils during his visit to Shaviyani Atoll in 2021. The first bid announcement was in August of the same year, alongside Medhafushi island in Haa Alifu Atoll, and later Ruhthibirah island in Thaa Atoll. Investor interest in resort development has cooled recently, with sparse bid submissions and fewer lease handovers.

This story involves 1 source and may affect public understanding of development / resort.