Bunkering Services at Ihavandhippolhu to Launch in August

Bunkering services at Ihavandhippolhu in Haa Alifu Atoll will launch within a month, confirmed Minister of Economic Development and Trade Mohamed Saeed. The State Trading Organization (STO) signed an agreement with Vitol Group on March 13 to establish an international bunkering facility. STO has purchased two tankers and is working with MNDF, Immigration, and Customs. Environmental surveys and equipment assessments done. 40 jobs announced. Saeed said the project will add US$400 million (MVR 6 billion) to GDP by end of July next year, revive small businesses, and create many jobs. President also announced a permanent international fuel storage terminal within the Maldives Economic Gateway.

Bunkering services at Ihavandhippolhu in Haa Alifu Atoll will launch within a month, confirmed Minister of Economic Development and Trade Mohamed Saeed. The State Trading Organization (STO) signed an agreement with Vitol Group on March 13 to establish an international bunkering facility. STO has purchased two tankers and is working with MNDF, Immigration, and Customs. Environmental surveys and equipment assessments done. 40 jobs announced. Saeed said the project will add US$400 million (MVR 6 billion) to GDP by end of July next year, revive small businesses, and create many jobs. President also announced a permanent international fuel storage terminal within the Maldives Economic Gateway.

Bunkering services at Ihavandhippolhu in Haa Alifu Atoll will launch within a month, confirmed Minister of Economic Development and Trade Mohamed Saeed. The State Trading Organization (STO) signed an agreement with Vitol Group on March 13 to establish an international bunkering facility. STO has purchased two tankers and is working with MNDF, Immigration, and Customs. Environmental surveys and equipment assessments done. 40 jobs announced. Saeed said the project will add US$400 million (MVR 6 billion) to GDP by end of July next year, revive small businesses, and create many jobs. President also announced a permanent international fuel storage terminal within the Maldives Economic Gateway.

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