The Muizzu government has designated Hankede in Addu City as a halal tourism destination, part of an initiative promoting halal tourism across six islands. The island previously hosted an integrated tourism project under the Solih administration that stalled amid financing difficulties, and no investor has been announced for the new plan.
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That version of the project aimed to establish 2,082 tourist beds through a mix of villas, hotels, and serviced apartments.
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The Bank of China, which was expected to provide a US$142.9 million loan for the project, reportedly faced difficulties in moving forward with the funding.
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