The Muizzu government has announced plans to develop Hankede in Addu City as a halal tourism destination, designating the island under a broader initiative to promote halal tourism across six islands in the Maldives.
The Ministry of Tourism and Environment said the development of halal tourism in Hankede is expected to diversify the tourism industry, create employment opportunities, and contribute to economic growth. However, the government has not publicly clarified the fate of the previous integrated tourism project proposed under the Solih administration.
Hankede was initially earmarked for development through the Maldives Fund Management Corporation (MFMC), with the China National Electrical Engineering Company (CNEC) contracted for the project. That version of the project aimed to establish 2,082 tourist beds through a mix of villas, hotels, and serviced apartments.
Media reports earlier said the project had stalled due to financial complications linked to the refinancing of loans owed to China. The Bank of China, which was expected to provide a US$142.9 million loan for the project, reportedly faced difficulties in moving forward with the funding.
While the island has now been designated for halal tourism, the Tourism Ministry has not announced any specific investor for the project. The ministry said it is currently working on the procedures required for implementation. The fate of the integrated tourism project remains unclear.
Hankede has remained undeveloped for years despite repeated efforts by successive governments to launch major tourism infrastructure on the island.