Ministry of Housing and Infrastructure has signed agreements with Capital Investment and Finance Private Limited, for harbour construction projects in Haa Alifu Kelaa and Baa Kendhoo.
The agreements were signed at a ceremony at the Ministry of Housing and Infrastructure today, by Minister of Housing and Infrastructure Dr Mohamed Muizzu, and Managing Director of Capital Investment and Finance Private Limited Raj Manivannan.
The cost of project in Kelaa is MVR 24.3 million, while the cost of the project in Kendhoo is MVR 29.2 million.
The duration for both projects is 240 days.
Speaking at the ceremony, Housing Minister Dr Muizzu said that the new harbours would be bigger than the existing harbours in both islands, which will increase economic activity and boost development.
The ceremony was also attended by Kelaa MP Ali Arif and Island Councillors for Kelaa and Kendhoo.