Business Tourism

A new resort to be developed on V. Anbaraa

A new resort is to be developed on V. Anbaraa by a joint venture between a Chinese and Sri Lankan company.

The joint venture between Ceylon Hotel Corporation (CHC) and China Harbor Engineering Company (CHEC) is reported to develop a resort with 100 rooms.

The 50 million dollars investment is reported to open in 2020.

In 2015, CHEC was reported to have invested USD 27 million on the development of a 50 rooms resort. CHEC is a subsidiary of the company CCC, which is developing the Hulhule’-Male’ bridge.

Anbaraa is a picnic island in Vaavu Atoll.

Full details are available at the link below:

Source URL: Corporate Maldives

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