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Complete the dredging phase of the Giraavaru Falhu reclamation and hand over land plots, with the deadline revised twice.
Partly keptMedium impact
Where it stands todayResidential plots at Giraavaru Falhu have been handed over, but dredging is only 68.8% complete.Since 5 November 2026 · based on an article by MM TV (English)
Residential plots at Giraavaru Falhu have been handed over, but dredging is only 68.8% complete.
Why it counts as partly kept: The article says plots were already allocated while reclamation remains unfinished at 68.8% of the 167.15-hectare target, so only part is delivered.
Key numbers in the article
115 hectares reclaimed land gained at Giraavaru Falhu68.8 per cent of the planned 167.15 hectares reclamation progress against plan167.15 hectares planned reclamation area
Exact words from the article
“MACL reported that reclamation had reached 68.8 per cent of the planned 167.15 hectares. Residential plots at Giraavaru Falhu have already been allocated to Malé residents”
MVR 650.7 million Loan issued to MACL from state budget for Giraavaru lagoon reclamationMVR 231.3 million Treasury loan planned in originally approved budgetMVR 840.2 million Total treasury loan amount in revised budget
Exact words from the article
“When reclamation resumed, the government announced that the dredging phase would be completed by March this year, with land plots to be handed over in June. This deadline was later pushed to April and again to the end of May.”