Indian High Commission revealed on Sunday that four companies were pre-qualified for the Thilfushi-Male' project and they were required to submit their bids by Wednesday.
This is the biggest infrastructural project announced by this administration so far.
As this is an Indian financed project, only Indian companies can apply for this. Therefore instead of opening for general bids as usual, Finance Ministry opened the bid for companies that pre-qualify for it, as per EXIM banks guidelines.
Indian High Commission did not announce the details of the four companies that were qualified. However they reassured all four companies were capable and have experience in carrying out similar projects.
They predicted that this project can be completed within two years.
This project is funded via the USD 400 million line-of-credit facility given to Maldives, in addition to the USD 100 million India has given to this nation as free aid.
The following will be carried out under the project:
- Build a 141 km viaduct in the deeper areas
- Build a 2.32 km marine viaduct in the shallow areas and parts of the land area
- Build grade intersections within the islands that are 2.96 km long
- Build three navigational bridges 140 m long in the seas between the islands
- Build a signalized junction at the Vilimale land interchange area
- Build roundabouts in Gulhifalhu and Thilafushi
- Make a bus terminal at every bridge junction on the islands
- Ensure the deck seal lighting, road lighting, navigational lighting, and CCTV operates on solar energy
The consultant on this project was a company from the United Kingdom and Hong Kong, selected by the Maldivian government. The survey work was undertaken by a Netherlands company Fugro. This preliminary research costs USD 15 million, and was estimated to be completed by July 2021.
Around 65-75 percent of the material needed for the project has to be sourced from India, the agreement between Maldives and India on this matter conditions.