Maldives Republic
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2 years, 6 months ago
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optimistic
Government Announces Plans to Revive International Port Projects
Economic Development Minister Mohamed Saeed announced the resumption and launch of major international port projects in Ihavandhippolhu (Haa Alifu Atoll) and Gaadhoo (Laamu Atoll). The Ihavandhippolhu project, previously known as 'iHavan,' aims to become a trading hub along the main shipping lane. It was initiated under former President Abdulla Yameen and continued under President Ibrahim Mohamed Solih. Recent efforts involve a bunkering project by STO and Qatar's UrbaCon. The Gaadhoo project includes a commercial port, refuelling services, and a resort on an island whose inhabitants were relocated in 2016. Both projects align with President Muizzu's pledge to leverage strategic locations for economic growth.