The Chief Executive Officer (CEO) of Maldives Ports Limited (MPL) Mohamed Wajeeh Ibrahim has announced the allocation of funds for the development of the commercial port in Laamu Atoll. Establishing a commercial port in Laamu Atoll is a presidential pledge of President Dr. Mohamed Muizzu.
In an interview with PSM News, CEO Wajeeh disclosed that government has handed over the project to develop a commercial port in Laamu Atoll to MPL and assured that it will be launched this year. He added the port will be established in Gaadhoo, Laamu Atoll, chosen for its strategic location to provide commercial services, particularly catering to the tourism industry. Wajeeh emphasised that the port will offer bunkering and transshipment services, alongside facilities such as storages and cruise terminals.
The CEO revealed that the project's value exceeds a million dollars, with financial arrangements already made and handed over to the contractors. He anticipates that the establishment of the commercial port will significantly boost employment, with approximately 2000 job opportunities expected to become available.
Wajeeh also provided updates on other ongoing projects, mentioning the development of the port in Hithadhoo, Addu City, currently in progress. He noted that while bunkering services are already operational in the Hithadhoo port, similar services are set to commence in Kulhudhuffushi port, Haa Dhaalu Atoll, in the near future.