The tourism development plan for the launch of a coastal tourism project in Addu is now underway, the President has announced.
Delivering his first presidential statement after taking office, the President, Dr. Mohamed Muizzu, said the government's target in the tourism sector is to open 20 new resorts this year and create 2,857 beds.
The President said he would provide opportunities to complete the unfinished resorts. The difficulties in developing the abandoned properties have been identified and solutions have been found.
The Ministry of Tourism, Ministry of Finance, Maldives Internal Revenue Authority (MIRA) and the Economic Council are working together to formulate a policy to address the development of 63 unfinished resort projects for tourism development, he said. The work on this policy will be completed within the next week or so, he said.
"For the development and completion of such facilities, the lease agreement and investments will be re-structured and a policy of assistance to complete the work of these villages will be formulated and hopefully implemented,” the President stated.
The President added that special efforts will be made to expand tourism in the atolls.