Ministry of Tourism has revealed that investors are interested in the islands that were recently opened for resort development.
In January, the tourism ministry invited bids for 13 resort development projects in eight atolls. The first information session was held on February 7, during which investors were given information on the bidding process. The ministry stated that the projects are highly popular, with numerous investors requesting for more information. The second information session will be held on March 5.
The ministry is accepting bids for projects in Haa Alifu Atoll, Haa Dhaalu Atoll, and Kaafu Atoll on March 28. The submission of bids for projects in Meemu Atoll, Faafu Atoll, and Thaa Atoll is on March 29 and the submission of bids for projects in Gaafu Alifu Atoll and Gaafu Dhaalu Atoll are on March 30. The ministry expects that the completion of the resort development projects will result in at least 1,750 new tourism beds.