President Ibrahim Mohamed Solih has highlighted the historical significance of the Addu City land expansion project, emphasising its role as the first step towards the realisation of a thriving global city. Reflecting on the long-standing aspiration to transform Addu City into a robust global hub, President noted that the commencement of the land expansion project marks the beginning of this transformative journey. He delivered these remarks during his address following the initiation of the land reclamation project at the Hankede-Maradhoo intersection in Addu.
The administration has identified the development of Addu as a key priority. A substantial investment of USD97 million has been allocated for the reclamation project aimed at expanding the land area of Addu City by 190 hectares. An additional investment of USD11 million is planned to add 42 hectares of land to Hulhumeedhoo.
During his address, President Solih emphasised the government's initiatives to enhance tourism in Addu. He highlighted the synchronised progress of the land reclamation and road construction projects in conjunction with the integrated tourism project in Hankede.
Led by the Maldives Fund Management Corporation (MFMC), the comprehensive development plan for Hankede encompasses diverse tourism facilities catering to various markets and sectors, including a range of accommodation options such as integrated resorts, hotels, and guesthouses. The president stated that the project is currently in its initial stages and is projected to be completed within two years. He noted upon completing the Hankede project and other associated developments, Addu would have the capacity to accommodate 7,000 tourist beds, thereby facilitating increased tourism opportunities in the region.
Furthermore, President Solih reaffirmed the administration's commitment to executing development projects in line with the wishes of the people. He underscored the significance of the 67k, road construction initiative in Addu, highlighting the decision to use asphalt instead of the previously intended concrete, aligning with the revised plan.
The administration is deeply committed to the comprehensive development of Addu, recognising its potential to become the primary economic hub in the region. Through a range of transformative projects, the administration is dedicated to creating a vibrant and prosperous city that offers numerous socio-economic opportunities for its residents, fostering growth, and driving sustainable development in the region.
During the visit to Addu, President Solih is accompanied by a high-level government delegation.