The development project of Addu City’s Port has been awarded to Maldives Transport and Contracting Company (MTCC) by Maldives Ports Limited (MPL).
A ceremony was held at Addu City to award MTCC with this contract and both parties signed the contract during this ceremony today,
Managing Director Adam Azim signed the contract on behalf of MTCC and MPL's Chief Executive Officer Shahid Ali signed the contract on MPL's behalf.
According to MPL, this project that is to be completed in 18 months will cost around MVR 211 million. The company further stated that the struggles the company faces with its work in Addu will be significantly solved after this project is completed.
This project consists of the development of 160,000 square feet being deepened, a port especially for vessels from abroad with a length of 200 meters and a 160 meter long port as a local harbor, a terminal yard of 23,000 square feet, and a 429-meter wide docking area.
The company further stated that the completion of this project will negate difficulties vessels face while docking due to the waves during bad weather conditions and that this has happened numerous times in the past resulting in damage to goods and many losses.
The completion of this project will also increase the operational capacity of Hithadhoo Port and that it will be easier to transport goods overwater to Addu and that it will also bring an increase in economic activity to Addu.