Addu City Council, on Sunday, confirmed that development projects worth MVR 1.2 billion were contracted during the first year of President Ibrahim Mohamed Solih's government.
The council further noted that some of the total 17 projects had commenced while preparations were underway to start the remaining projects.
Raod development in Hulhumeedhoo and harbour development projects in Meedhoo, Maradhoo Feydhoo and Maradhoo are among the ongoing projects.
Pending projects include a regional waste management plant, Addu City equatorial hospital, a five-storey multi-purpose hall for Addu High School, swimming tracks in Feydhoo and Meedhoo, a badminton complex, a Maldives Industrial Fisheries Company (MIFCO) harbour, a central power station, beach protection in Meedhoo and ground base work for the football fields of Hulhumeedhoo and Feydhoo as well as additional road development projects.
During the Partnership Forum held in July, Finance Minister Ibrahim Ameer revealed that USD 200 million (MVR 3.8 billion) from the credit line extended by the Indian government would be utilized to finance development projects in Addu. Overall, the government announced that USD 414 million (MVR 6.3 billion) would be allocated for Addu.
Additionally, the government has begun leasing land in Addu for the establishment of city hotels and guesthouses as per the plan to boost the atoll's tourism sector. A total of 96 land plots will be released for the purpose.
The Addu City Council stated that tourism zone development projects would increase capacity from 1,118 to 4,000 beds.
While there are currently two resorts operating in the atoll, preparations are underway to inaugurate a third establishment in December. Furthermore, the council revealed that 25 hectares will be reclaimed for resort development.