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Magoodhoo Airport Transferred Under RACL

The Ministry of Finance formalised the transfer of Magoodhoo Airport in Faafu Atoll to state-owned Regional Airports Company Limited (RACL), granting it full operational control. The MVR 230 million project, awarded to MTCC in October 2022, includes extending the runway from 1,200 to 1,800 meters, with RACL saying the airport is set to be operational by January 2024 if work continues as scheduled.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures3as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates
  1. Wed 30 Sep
    RACL was established by President Ibrahim Mohamed Solih under a presidential decree. 30 September 2020 only Maldives Republic Regional Airports Company Limited (RACL) was established on 30 September 2020 by President Ibrahim Mohamed Solih, under the Presidential decree empowered by the Company’s Act (Act No. 10/96).

    Word for word from the report in Maldives Republic. Open the report

  2. Mon 11 Jan
    RACL was incorporated and registered as a fully state-owned enterprise. 11 January 2021 only Maldives Republic newest The company was incorporated and registered on 11 January 2021 as a fully state-owned enterprise and is led by Managing Director Mohamed Rizvi.

    Word for word from the report in Maldives Republic. Open the report

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • MVR 230 million Magoodhoo Airport project cost Maldives Republic The MVR 230 million airport project at Magoodhoo in Faafu Atoll, originally planned with a 1,200-meter runway, will have its runway extended to 1,800 meters

    Word for word from the report in Maldives Republic. Open the report

  • 1,200-meter Original planned runway length Maldives Republic originally planned with a 1,200-meter runway, will have its runway extended to 1,800 meters, as mandated by President Ibrahim Mohamed Solih

    Word for word from the report in Maldives Republic. Open the report

  • 1,800 meters Extended runway length Maldives Republic will have its runway extended to 1,800 meters, as mandated by President Ibrahim Mohamed Solih, once ongoing work is complete

    Word for word from the report in Maldives Republic. Open the report

Other events named

no clear day, as worded
  • The Ministry of Finance formalised the transfer of Magoodhoo Airport to RACL via an agreement granting it full operational control. Magoodhoo Maldives Republic The Ministry of Finance has formalised the transfer of Magoodhoo Airport to the Regional Airports Company Limited (RACL) via an agreement granting the state-owned enterprise (SOE) full operational control over the airport, RACL has announced.

    Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical
Transport & ports

Places

alphabetical
Magoodhoo

Named in these reports

alphabetical
Ibrahim H. ShihabIbrahim Mohamed Solih PresidentMaldives Transport and Contracting Company (MTCC)Ministry of FinanceMohamed Rizvi Managing DirectorRegional Airports Company Limited (RACL)