Maldives invites proposals for resort development on 17 islands, lagoons

Ministry of Tourism on Thursday announced an invitation for proposals to develop tourist facilities on several uninhabited islands and lagoon plots.

The ministry has released a list of available locations along with their respective sizes in hectares and acquisition costs. Interested parties can find more details and application forms on the ministry’s website.

Here are the islands listed along with their acquisition cost and size:

1. Hdh. Vaiakaramuraidhoo – 15 hectares; $1.9 million
2. Sh. Kudalhaimendhoo – 13.11 hectares; 2 million dollars
3. R. Dhikkurehdhoo – 4.83 hectares; $2.6 million
4. Lh. Dhiffushi (with L. Maidhoo) – 15.17+20.99 hectares; $18.6 million
5. Lh. Vihafarufinolhu – 0.28 ha; $640,000
6. Lagoon in Male atoll – 712 hectares; $23.5 million
7. Lagoon in Male atoll – 46 hectares; $10.9 million
8. AA. Alikoirah – 1.47 hectares; $1.3 million
9. Th. Gaalee (with another island in the atoll) – 6.96 vs. 0.20 hectares; $2 million
10. Th. Ruthibirah – 8.41 hectares; $2.4 million
11. Th. Kanimeedhoo – 10 hectares; $2.8 million
12. L. Kashidhoo – 3.11 hectares; $466,500
13. L. Bodumungnafushi – 3.14 hectares; $471,000
14. L. Hanhushi – 2.81 hectares; $421,500
15. GA. Beyrumauddoo – 3.08 hectares; $385,000
16. GDh. Kalhehuttaa – 7.61 hectares; $951,250
17. Lagoon in Vaavu atoll – 0.62 hectares; $729,000

Investors can visit the ministry’s website for detailed information and guidelines on submitting proposals.