Male' City Council has extended the deadline to August 17 for individuals to apply for vendor slots at the Traveller's Market and Local Market. The previous deadline did not allow applicants enough time to obtain tax-related documents, stated Male' City Council.
The council has made 349 slots at the market areas available for leasing, which includes 186 slots at the Local Market and 163 slots at the Traveller's Market. The available stalls at the Local Market consist of 100 slots for the sale of fruits and vegetables, 32 slots for the sale of fish, and 35 slots for snacks and soft drinks.
Male' City Council stated the slots will be leased at a price of USD 2 per square foot, and that the largest slot will have a lease of USD 130 . Slots will be leased for a two-year period and that applicants will be given 30 points for private businesses, while 15 points will be given if the applicant is an employee of another business, and 45 points will be given for applicants who have been vendors for three years, stated council.
Applicants are allowed to pick the market area and slot they wish to open their business in, and a draw will determine the winners from applicants who received over 50 points.