Maldives contracts Chinese firm for Laamu Kadhdhoo airport and maritime hub development
In a significant move aimed at enhancing infrastructure and boosting economic opportunities, the Maldives government has inked a contract with China's CAMC Engineering for the development of Laamu Kadhdhoo Airport and an integrated maritime hub.
During a ceremony held on Thursday evening, Minister of Construction and Infrastructure, Dr. Abdulla Muththalib, signed the agreement on behalf of the Maldives government.
Representing CAMC Engineering, General Manager Lee Wei Wei put pen to paper on behalf of the contractor.
The event coincided with President's visit to Laamu Fonadhoo, where he met with citizens.
Addressing the challenges in airport development, the President highlighted the need to transition the airport's management from a development company to the Regional Airports Company. and that it has been done so to overcome the challenges.
In the maritime hub development project, Mohamed Wajeeh Ibrahim, CEO of Maldives Ports Limited (MPL), signed an MoU on behalf of Maldives.
This comprehensive project will encompass six key components, including offshore bunkering, a cruise terminal, a super-yacht marina, an eco-resort, a food storage facility, and a transshipment port.
During the signing event, MPL provided insights into the cruise terminal's role in facilitating services by Maldives Customs and Immigration. The eco-resort is slated to be situated between L. Gaadhoo and Fonadhoo, with the super-yacht marina set to uphold international standards for security.
MPL underscored the project's potential economic benefits for the entire populace of Laamu atoll.
This development initiative reflects the President's commitment to upgrading Kadhdhoo Airport to international standards and establishing a commercial harbor with a port and logistics facilities in L. Gaadhoo.