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MDP Calls for Prompt Implementation of Hankede Resort Project in Addu

MDP Chairperson Fayyaz Ismail urged the Muizzu administration to promptly begin the Hankede Integrated Resort project in Addu City, saying designs, contractor selection and bank agreements were already complete. The project, awarded to China National Electrical Engineering Company and financed by a US$142.9 million loan from China Merchant Bank, is expected to add 2,082 tourism beds to Addu.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures4as 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. Thu 4 Apr
    MDP Chairperson Fayyaz Ismail addressed supporters during a campaign rally.Addu City 4 April 2024 only Maldives Republic Fayyaz Ismail, Chairperson of the Maldivian Democratic Party (MDP), addresses supporters during a campaign rally held in Addu City on 4 April 2024.

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

Who said what

the reports' own quoted words, each once
  • We have designed, found a contractor, signed with the contractor, signed an agreement with China Merchant Bank and everything is done. Five months have passed and we still haven’t started it. We have signed [agreements for] the US$145 mill…

    Fayyaz Ismail Maldives Republic Open the report (Maldives Republic)

  • Change the name of Hankede to Raajookeda if you must but start [the project] soon. Start it soon. Or call it Asseyri, or whatever, just start it soon

    Fayyaz Ismail Maldives Republic Open the report (Maldives Republic)

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
  • nearly MVR 500 million Investment in Addu by the Solih administration Maldives Republic Fayyaz said the Ibrahim Mohamed Solih administration, of which he was Economic Minister, had invested nearly MVR 500 million in Addu.

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

  • US$145 million Hankede project value cited by Ismail Maldives Republic We have signed [agreements for] the US$145 million Hankedai project, everything has been finalised

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

  • US$142.9 million (MVR 2.3 billion) Loan financing the Hankede Integrated Tourism Concept Maldives Republic China National Electrical Engineering Company (CNEC) has been awarded the contract to develop the Hankede Integrated Tourism Concept which was set to be carried out through a loan of US$142.9 million (MVR 2.3 billion) from the China Merchant Bank.

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

  • 2,082 tourism beds Tourism beds the project is expected to add to Addu Maldives Republic The project is expected to add 2,082 tourism beds to Addu.

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

Subjects

sectors and approved topics, alphabetical
Tourism & hospitality

Places

alphabetical
Addu City

Named in these reports

alphabetical
China Merchant BankChina National Electrical Engineering CompanyFayyaz Ismail Chairperson of the Maldivian Democratic Party (MDP)Ibrahim Mohamed Solih administrationMaldivian Democratic Party (MDP)Mohamed Muizzu administration