Managing Director of Regional Airports Company Limited (RACL) Ahmed Mubeen has said that two companies have shown interest in developing rooms in the Fuvahmulah Tourism Zone.
An agreement was signed in April this year to develop a tourism zone in Fuvahmulah City. The new RACL management aims to make the company profitable without relying on government financial support. To achieve this, a master plan has been created for the company's operations, and the company's responsibilities have been expanded to include more business ventures.
As part of this initiative, RACL has signed an agreement with the Fuvahmulah City Council to develop a tourism zone that includes Fuvahmulah Airport and the surrounding beach area. The project plans to build 400 rooms and provide various recreational activities for tourists.
Speaking to PSM News, Mubeen said that two companies are already interested in developing the rooms in the tourism zone. He said that they are currently securing the necessary permits from the government and making other preparations to commence work.
The Fuvahmulah City Council highlighted the company's efforts of to develop the tourism zone would greatly benefit the city. It said that the development is expected to create more jobs in the densely populated area and open up additional opportunities for private businesses.
RACL, which manages eight airports, is collaborating with local island councils to expand its business ventures. It includes opportunities in tourism, agriculture, and revenue-generating advertising in airport areas. In addition, RACL is exploring opportunities to sell jet fuel in partnership with the government and private businesses.