$42.4m contract awarded to reclaim land for 3 regional airports
Capital Marine and Civil Construction Company (CMCCC), a leading Sri Lankan construction company, has secured a lucrative project to reclaim land for airport development in three islands. The agreement, valued at USD 42.4 million, was officially signed on Wednesday between CMCCC’s Managing Director, Sevaraja Manivannan, and Fathimath Shana Farooq, the Director General of the Planning Ministry.
As per the terms of the agreement, CMCCC will be responsible for reclaiming land in three key locations: B. Thulhaadhoo, Th. Vilufushi, and Sh. Bilehfahi. The company is tasked with reclaiming 44.70 hectares in Thulhaadhoo, while both Vilufushi and Bilehfahi will require the reclamation of 56.34 hectares each.
The project to establish an airport in Bilehfahi was originally announced during the administration of former president Abdulla Yameen Abdul Gayoom. Meanwhile, the initiatives to construct airports in Thulhaadhoo and Vilufushi were initiated under the administration of President Ibrahim Mohamed Solih.
This ambitious undertaking represents a significant step forward in the development of these islands and holds great promise for the tourism and transportation sectors. By constructing airports in these strategically chosen locations, the Maldives aims to enhance its connectivity and boost economic growth.
CMCCC, known for its expertise in marine and civil construction, has been chosen for this vital project due to its proven track record of successful land reclamation and airport development projects. The company’s commitment to quality and timely execution aligns perfectly with the government’s vision for these airports.
The development of these airports is expected to bring numerous benefits to the region. Improved air access will not only facilitate tourism but also strengthen trade and investment opportunities. Additionally, the airports will enhance the connectivity and convenience for both domestic and international travelers, further positioning the Maldives as a premier destination.