Dutch Docklands Maldives to Go Ahead with Floating City Development
Dutch Docklands Maldives has received permission from the Ministry of Tourism to run Floating City Development based on the Integrated Tourism Model. The company acquired the last necessary signatures on 23 June 2022, after completing a million dollar alternating payment fee.
Dutch Docklands Maldives is a Public Private Partnership between Dutch Docklands International BV and the Government of Maldives. Paul Van de Camp, CEO, Dutch Docklands International, signed the agreement on Thursday alongside the Ministry of Tourism’s permanent secretary. The signing was witnessed by Tourism Minister Dr. Abdulla Mausoom.
A first block of floating homes is under construction by BISON and is due to be transported to the Lagoon and opened in August 2022. This will enable the public to visit and see first-hand how the homes will look like.
While the marine engineering, technical details and specifications for the Maldives Floating City development have been completed; construction is set to begin immediately after remaining government approvals have been granted. The modular city construction is accordingly scheduled for January 2023 and will take four to five years to complete.
Maldives Floating City is an innovative housing project being developed in a lagoon 15 minutes’ boat ride from Male’. Using the latest in floating technology from the Netherlands, the floating city will comprise of 5,000 housing units, tethered to the lagoon floor and linked together to create a safe and comfortable environment.