Business Politics

47 harbours completed, MVR1.6 bln spent: housing minister

Madifushi

Aerial view of Th. Madifushi with its completed harbour.

The government has spent MVR 1.6 billion to complete harbor development in 47 islands to date, revealed housing minister Dr Mohamed Muizzu on Sunday.

In a tweet detailing the government expenditures on port development, Muizzu declared that the priority given by president Abdulla Yameen for the projects is evident.

According to Muizzu’s tweet, the current administration has undertaken the development of 78 harbours from 2013 to 2018, with a total expenditure of MVR 2.5 billion.

Harbour development details:

  • 2014 – MVR 284 million to develop harbours in nine islands
  • 2015 – MVR 315 million to develop harbours in nine islands
  • 2016 – MVR 402 million to develop harbours in 12 islands
  • 2017 – MVR 614 million to develop harbours in 17 islands

Muizzu announced that the government has also commenced harbour development in an additional 31 islands, which costs MVR 900 million.

Full details are available at the link below:

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