Close Menu
Maldives Business TimesMaldives Business Times
    What's Hot

    STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

    July 29, 2026

    Applications Open for MIB Guesthouse Awards 2026

    July 29, 2026

    State Receivables Hit MVR 14 Bil

    July 29, 2026
    Facebook X (Twitter) Instagram
    Thursday, July 30
    Facebook X (Twitter) Instagram
    Maldives Business TimesMaldives Business Times
    • Home
    • Features

      STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

      July 29, 2026

      Applications Open for MIB Guesthouse Awards 2026

      July 29, 2026

      State Receivables Hit MVR 14 Bil

      July 29, 2026

      Maldives President Nominates Ambassador Thoriq as IRENA’s Permanent Representative

      July 28, 2026

      Govt. Allocates MVR 2.5 Bil for Next Year’s Council Block Grant

      July 28, 2026
    • BUSINESS

      STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

      July 29, 2026

      Applications Open for MIB Guesthouse Awards 2026

      July 29, 2026

      Maldivian Becomes First Local Carrier Operating Twin Otter Classic 300-G

      July 23, 2026

      BML’s Aaya Update Enhances Mobile App and Internet Banking Convenience

      July 22, 2026

      BML to Transform Core Banking with Finastra

      July 21, 2026
    • FINANCE
    • OPINION
    • TRAVEL & TOURISM
    • PUBLIC SECTOR
    • LIFE STYLE
    Maldives Business TimesMaldives Business Times
    Home ยป MTCC reports updates on multiple development projects

    MTCC reports updates on multiple development projects

    MTCC reports updates on Lhaimagu harbor development and Hoarafushi road development projects
    October 24, 20222 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Maldives Transport and Contracting Company (MTCC) reports the harbor development project at Sh. Lhaimagu is currently underway, with overall 62% project completion.

    Moreover, the road development project in HA. Hoarafushi is also well underway, with overall 57% project completion.

    Under the harbor development project, MTCC reports completing quay wall construction, while the breakwater construction is currently in progress. MTCC also confirms the harbor pavement works, harbor basin dredging works are at ongoing capacity.

    Under the road development project, the contractor reports work on installation of electrical junction box reached 82% completion, while it is currently going through sub-base works, as well as asphalt-laying and curb stone installation works.

    Lhaimagu harbor development project consists;

    • Dredging and excavation operations: 31,000 cubic meters
    • Breakwater construction: 350 meters
    • Quay wall: 276 meters
    • Revetment: 500 meters
    • Pavement installation: 1,380 square-meters
    • Installation of navigation and street lights

    MTCC reports the value of the project is MVR56.3 million.

    Road development project in Hoarafushi | Photo: MTCC

    The scope of Hoarafushi road development project consists of;

    • Construction of 11 roads: 5.3 kilometers in length
    • Carriageway construction: 25,909 square-meters
    • Pavement construction: 11,114 square-meters
    • Installation of storm-water infiltration system, street lights and road markings

    The road development project is valued at MVR71.9 million.

    Related Posts

    BUSINESS

    STO Closes Q2 2026 with Net Profit MVR 280 mil, up 70%

    July 29, 2026
    Awards

    Applications Open for MIB Guesthouse Awards 2026

    July 29, 2026
    BUSINESS

    Maldivian Becomes First Local Carrier Operating Twin Otter Classic 300-G

    July 23, 2026
    Leave A Reply Cancel Reply

    Don't Miss
    Awards

    Applications Open for MIB Guesthouse Awards 2026

    July 29, 2026

    Applications are now open for the inaugural edition of the “MIB Guesthouse Awards 2026”. According…

    State Receivables Hit MVR 14 Bil

    July 29, 2026

    Maldives President Nominates Ambassador Thoriq as IRENA’s Permanent Representative

    July 28, 2026
    Demo
    Facebook X (Twitter) Instagram LinkedIn Telegram
    • Home
    • BUSINESS
    • PUBLIC SECTOR
    • TRAVEL & TOURISM
    © 2026 Maldives Business Times. by hyvemedia.

    Type above and press Enter to search. Press Esc to cancel.