President Ibrahim Mohamed Solih has inaugurated the Addu City land expansion project, marking a momentous occasion for the region’s development. Backed by an US$800 million credit line from the Exim Bank of India, this ambitious project aims to reclaim 194.3 hectares of land, ushering in transformative growth and progress, according to the government.
The inauguration took place at a special ceremony held in Maradhoo, Addu City, and was attended by government officials, dignitaries, and local residents.
Speaking at the ceremony, President Solih described the land expansion project as the initial stride towards the development of Addu City as a vibrant global city and the beginning of a transformative journey.
The comprehensive land reclamation project, estimated to cost MVR 1.3 billion, approximately US$84 million, includes the construction of 11 kilometers of beach protection, ensuring the preservation of coastal areas. The strategic plan entails reclaiming 90 hectares of land in Hithadhoo and 23.3 hectares from Hulhumeedhoo. Additionally, two islands, each spanning five hectares, will be reclaimed specifically for tourism purposes.
Moreover, Maradhoo-Maradhoofeydhoo will undergo significant transformations as 76 hectares of land are reclaimed from the area. This segment of the project also involves the creation of three islands, measuring 8.3 hectares each, and two islands spanning 3.3 hectares each, for tourism purposes. These developments are expected to provide a significant boost to the region’s tourism industry, attracting visitors from around the globe.
The Addu City land reclamation project is set to be completed within a period of one and a half years. The government has entrusted the project to Van Oord, a renowned Dutch company with extensive expertise in large-scale land reclamation projects.
Demonstrating their commitment to environmental preservation, the authorities have taken proactive measures to relocate a coral colony comprising over 70,000 corals from the reclamation site to a safe location.
