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Government Inaugurates Hankede Tourism Project

The Hankede Integrated Tourism Development Project in Addu City was inaugurated at the Hankede site on Monday, with the contract signed on 30 March 2023 for US$142.9 million (MVR 2.3 billion) and a Bank of China loan agreement signed on 6 November 2023. The project will accommodate 2,082 tourists and is targeted at 25,000 tourists annually, with MFMC estimating 1,500 jobs for Addu City.

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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 2 Dec
    The Ibrahim Mohamed Solih administration designated Hankede as an area for real estate tourism projects. On 2 December 2021 only Maldives Republic On 2 December 2021, the Ibrahim Mohamed Solih administration designated Hankede as an area for real estate tourism projects with a view to increase tourism revenue.

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

  2. Thu 30 Mar
    The contract for the project was signed. on 30 March 2023 only Maldives Republic the contract, totalling US$142.9 million (MVR 2.3 billion), signed on 30 March 2023.

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

  3. Mon 6 Nov
    The loan agreement for the financing of the project was signed with the Bank of China. 6 November 2023 only Maldives Republic The loan agreement for the financing of the project was signed with the Bank of China on 6 November 2023.

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

  4. Mon 15 Apr
    The Hankede Integrated Tourism Development Project was inaugurated by Home Minister Ali Ihusaan, MFMC Managing Director Ahmed Nazim Abubakr… Hankede site on Monday only Maldives Republic newest Home Minister Ali Ihusaan, Maldives Fund Management Corporation (MFMC) Managing Director (MD) Ahmed Nazim Abubakr and a representative of CNEEC inaugurated the project during an event held at the Hankede site on Monday.

    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
  • US$142.9 million (MVR 2.3 billion) contract value of the Hankede project Maldives Republic the contract, totalling US$142.9 million (MVR 2.3 billion), signed on 30 March 2023.

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

  • 2,082 tourists tourists to be accommodated under the project Maldives Republic Under the project, 2,082 tourists will be accommodated at various classes of tourist lodgings.

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

  • 25,000 tourists per year annual tourist target of the project Maldives Republic MFMC estimates that the project, targeted at 25,000 tourist annually, will create 1,500 jobs in Addu City.

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

  • 1,500 jobs jobs estimated to be created in Addu City Maldives Republic MFMC estimates that the project, targeted at 25,000 tourist annually, will create 1,500 jobs in Addu City.

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

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