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The Planning Ministry has opened an opportunity to develop Domestic Airports in six islands including Makunudhoo and Bilehfahi.
According to the announcement by the Planning Ministry, opportunities have been opened for interested parties to finance the development of domestic airports in six islands under the regulation stipulating the lease of islands, land or lagoons for tourism purposes as cross-subsidies.
Six Islands planned to develop Airports are Hdh. Makunudhoo – USD 23.3 million (MVR 359.2 million); Sh. Billeffahi – USD 23.6 million (MVR 363.9 million); B. Thulhaadhoo – USD 21.9 million (MVR 337.7 million); Th. Vilufushi – USD 33.3 million (MVR 513.4 million); and F. Magoodhoo – USD 8.2 million (MVR 126.4 million).
Moreover, it has also been announced to develop an airport in an island in south Raa Atoll. The island’s name has not been disclosed and the airport is estimated to cost USD 23.6 million (MVR 363.9 million).
Furthermore, according to the planning ministry’s announcement, as each airport is a different project, when expressing interest, must specify which airport project is planned to be developed or financed. And as a minimum amount USD 5 million needs to be financed.
Under the unsolicited proposals policy, interest must be expressed to the Economic Ministry without invitations to bid. Proposals can also be submitted to the mail [email protected] of the Ministry.
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