MTCC is building a 588-slot motorcycle parking zone in front of the Bank of Ceylon as part of the ongoing Boduthakurufaanu Magu redevelopment in Malé. The company says the project is nearing completion, with active segments targeted to fully reopen by the end of June.
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A parking zone with 588 slots is being developed in front of the Bank of Ceylon across an area measuring approximately 1,400 square feet.
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Speaking to state media PSM News, MTCC Project Manager Sharuvaz Abdullah said a dedicated parking zone with 588 motorcycle slots is being constructed directly in front of the Bank of Ceylon.
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"A parking zone with 588 slots is being developed in front of the Bank of Ceylon across an area measuring approximately 1,400 square feet," Sharuvaz said.
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The first phase of the project covers five segments extending from the Local Market area to the Henveiru Ferry Terminal, spanning approximately 838 meters in total length.
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The redevelopment project was awarded to MTCC at a cost of MVR 144 million.
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Earlier reports gave MVR 126.36 million 16 Mar, 00:00 The StandardUS$136.6 million 10 Nov, 03:50 Maldives Republic