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Addu City Council Opens Eedhigali Tourism Zone for Investment Opportunities
The Addu City Council has opened the Eedhigali Tourism Zone in Hithadhoo, Addu City to local and foreign investors, with about 21,000 square metres available for 50-year lease for a city hotel and related tourism facilities. Bid documents can be purchased from 13 March until 12:30 p.m. on 21 March, with bids accepted at 10 a.m. on 15 April, alongside the Ministry of Tourism's Addu Coastal Tourism Development Plan targeting 6,000 beds and 10,000 jobs.
Sources1carried itMR1 of 19 news outlets we monitor
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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.
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Addu City Council Opens Eedhigali Tourism Zone for Investment Opportunities
about 21,000 square metres area opened for tourism development
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about 21,000 square metresarea opened for tourism developmentMaldives Republican area of about 21,000 square metres has been identified in the Eedhigali Tourism Zone and opened to local and foreign investors to develop tourism facilities in the area.
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50 yearslease termMaldives RepublicThe area will be leased for 50 years and investments should include a city hotel and related tourism facilities, the announcement said.
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MVR 10,000.00bid document price for Maldivian-owned companiesMaldives RepublicThe non-refundable price of a set of bid documents for companies or partnerships registered or re-registered in Maldives with 100 percent Maldivian ownership is MVR 10,000.00 and for foreigners is US$700.
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US$700bid document price for foreignersMaldives RepublicThe non-refundable price of a set of bid documents for companies or partnerships registered or re-registered in Maldives with 100 percent Maldivian ownership is MVR 10,000.00 and for foreigners is US$700.
Word for word from the report in Maldives Republic. Open the report
6,000 bedsbeds planned for Addu CityMaldives RepublicThe Addu Coastal Tourism Development Plan, which was introduced by the Ministry of Tourism last month, seeks to develop 6,000 beds in Addu City as pledged by President Mohamed Muizzu during the presidential election.
Word for word from the report in Maldives Republic. Open the report
10,000 jobsjobs estimated to be createdMaldives RepublicThe plan estimates that 10,000 jobs will be created while also bringing back into operation Shangri-La Villingili Resort, which had shuttered operations due to the pandemic-induced downturn.
Word for word from the report in Maldives Republic. Open the report
Other events named
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The Eedhigali Tourism Zone in Hithadhoo was opened to local and foreign investors for tourism development.Eedhigali, Hithadhoo, Addu CityMaldives RepublicThe Eedhigali Tourism Zone in Hithadhoo, in Addu City, has been opened for tourism development.
Word for word from the report in Maldives Republic. Open the report
The opportunity to purchase bid documents is open.from 13 March to 12:30 p.m. on 21 MarchMaldives RepublicThe opportunity to purchase bid documents will be open from 13 March to 12:30 p.m. on 21 March.
Word for word from the report in Maldives Republic. Open the report
