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Naivaadhoo

Ministry of Economic Development & Trade | 9 months, 3 weeks ago | positive

ATM services established in all inhabited islands of H.Dh. Atoll

Bank of Maldives (BML) has established ATM services in all inhabited islands of H.Dh. Atoll. The target was achieved during President Dr. Mohamed Muizzu's visit to the atoll. ATMs were inaugurated in Finey, Hanimaadhoo, Naivaadhoo, Nellaidhoo, Nolhivaram, Nolhivaranfaru, Vaikaradhoo, Neykurendhoo, Kurinbee, and Kumundhoo. The inauguration ceremonies were attended by President Muizzu, Ministers, BML Chairperson Ahmed Ali Habeeb, BML CEO Mohamed Shareef, and senior bank officials. The Ministry of Economic Development and Trade signed an agreement with BML to install ATMs in all islands of Maldives under the government's policy to ensure financial inclusion across all inhabited islands.

Ministry of Economic Development & Trade | 9 months, 3 weeks ago | positive

ހދ. އަތޮޅުގެ މީހުން ދިރިއުޅޭ ހުރިހާ ރަށެއްގައި އޭޓީއެމްގެ ޚިދުމަތް ޤާއިމްކޮށްފި

Bank of Maldives (BML) has established ATM services in all inhabited islands of H.Dh. Atoll. The target was achieved during President Dr. Mohamed Muizzu's visit to the atoll. ATMs were inaugurated in Finey, Hanimaadhoo, Naivaadhoo, Nellaidhoo, Nolhivaram, Nolhivaranfaru, Vaikaradhoo, Neykurendhoo, Kurinbee, and Kumundhoo. The inauguration ceremonies were attended by President Muizzu, Ministers, BML Chairperson Ahmed Ali Habeeb, BML CEO Mohamed Shareef, and senior bank officials. The Ministry of Economic Development and Trade signed an agreement with BML on 7 November 2024 to install ATMs in all islands of Maldives under the government's policy to ensure financial inclusion.

The Standard | 9 months, 3 weeks ago | optimistic

“We will bring tourism to Haa Dhaalu Atoll” — President Muizzu’s historic pledge

President Dr. Mohamed Muizzu has vowed to erase the label of 'atoll without tourism' from Haa Dhaalu Atoll, pledging to turn it into one of the nation's strongest tourism regions. Speaking during a community meeting in Naivaadhoo, he underscored the government's determination to deliver long-delayed development. The President revealed that the administration has already opened around ten lagoons and lagoon areas in Haa Dhaalu Atoll for development, offering significant concessions and discounts to attract investors. He confirmed that several parties have expressed interest and submitted bids. The President also announced that the long-stalled Naagoshi Island resort project is back on track. Initially awarded to MTDC in 2006, the project had been halted for over a decade. The government has provided MTDC with necessary concessions to relaunch the resort, and mobilization is underway. The President reiterated that the administration's manifesto prioritizes developing tourism in atolls that have yet to benefit.

The Standard | 9 months, 3 weeks ago | optimistic

MTCC Expands Portfolio with Major Land Reclamation and Coastal Protection in Naivaadhoo

The Government of Maldives has officially signed an agreement with Maldives Transport and Contracting Company (MTCC) to undertake the land reclamation and coastal protection project in HDh. Naivaadhoo. The contract was formalized in a ceremony attended by President Dr. Mohamed Muizzu and senior government officials. Minister of Construction, Housing and Infrastructure Dr. Abdulla Muttalib signed on behalf of the government, while MTCC Managing Director DCP (Retired) Ahmed Saudhee represented the company. The project is expected to significantly enhance Naivaadhoo's resilience against coastal erosion while expanding usable land for housing, public infrastructure, and economic activity. MTCC, the country's largest infrastructure contractor, has spearheaded dozens of similar projects. The Naivaadhoo agreement adds to MTCC's growing portfolio, aligning with President Muizzu's broader infrastructure agenda. Project mobilization is expected to begin shortly.