Opposition leader Fayyaz Ismail said the Muizzu government has terminated the lease of the Hankede Integrated Tourism Development Project in Addu City, calling it a blow to economic hopes in the south. The $142.9 million project, contracted to China National Electrical Engineering Company and financed by a Bank of China loan, had been expected to provide 2,082 tourist beds and 1,500 jobs.
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.
dashed the hopes of everyone in Addu and the south of Maldives for economic opportunities at home.
ineptitude and lack of coherent policies
If the government wanted to develop halal tourism, they could have done so in another island such as Savaaheli or Gaukende without terminating a well-progressed project resulting in hefty compensation and loss of precious time for Addu,
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The Hankede project, valued at $142.9 million, was contracted to China National Electrical Engineering Company under the previous Maldivian Democratic Party (MDP) administration.
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The project was expected to provide 2,082 tourist beds and create 1,500 jobs for Addu residents.
Word for word from the report in Maldives Republic. Open the report
The project was expected to provide 2,082 tourist beds and create 1,500 jobs for Addu residents.
Word for word from the report in Maldives Republic. Open the report
The Muizzu administration announced in June that Hankede would be included in a wider halal tourism initiative spanning six islands.
Word for word from the report in Maldives Republic. Open the report
