The Eedhigali Tourism Zone in Hithadhoo, in Addu City, has been opened for tourism development.
The Addu City Council said in an announcement that an area of about 21,000 square metres has been identified in the Eedhigali Tourism Zone and opened to local and foreign investors to develop tourism facilities in the area.
The area will be leased for 50 years and investments should include a city hotel and related tourism facilities, the announcement said.
The opportunity to purchase bid documents will be open from 13 March to 12:30 p.m. on 21 March.
Bidding Documents may be purchased by e-mailing the completed application form, which can be downloaded from the councils’ website www.adducity.gov.mv., to finance@adducity.gov.mv.
The non-refundable price of a set of bid documents for companies or partnerships registered or re-registered in Maldives with 100 percent Maldivian ownership is MVR 10,000.00 and for foreigners is US$700.
Bid documents and the Bid Serial Numbers, which are provided to prospective bidders upon payment for bidding documents, are non-transferable and each bidder may only submit one bid.
Bids will be accepted at 10 a.m. on 15 April.
The Addu Coastal Tourism Development Plan, which was introduced by the Ministry of Tourism last month, seeks to develop 6,000 beds in Addu City as pledged by President Mohamed Muizzu during the presidential election.
The plan estimates that 10,000 jobs will be created while also bringing back into operation Shangri-La Villingili Resort, which had shuttered operations due to the pandemic-induced downturn.
The tourism development plan also includes a cultural village, wellness zone and marine protected areas as well as a top-of-the-line hospitality school.
