Close Menu
Maldives Business TimesMaldives Business Times
    What's Hot

    President Muizzu Hosts Luncheon for Visiting Palestinian U-17 Football Team

    November 19, 2025

    First Lady Meets JICA Volunteers at Mulee’aage

    November 19, 2025

    President Muizzu: Government Clears USD 28.8 Million in Unpaid Bills from Previous Administration

    November 16, 2025
    Facebook X (Twitter) Instagram
    Wednesday, December 3
    Facebook X (Twitter) Instagram
    Maldives Business TimesMaldives Business Times
    • Home
    • Features

      President Muizzu Hosts Luncheon for Visiting Palestinian U-17 Football Team

      November 19, 2025

      First Lady Meets JICA Volunteers at Mulee’aage

      November 19, 2025

      President Muizzu: Government Clears USD 28.8 Million in Unpaid Bills from Previous Administration

      November 16, 2025

      Cabinet Approves Administrative Measures to Hold Addu City Jurisdiction Referendum

      October 6, 2025

      Cabinet Approves National Housing Affordability and Accessibility Project

      October 6, 2025
    • BUSINESS

      STO Reports MVR 163 Million Net Profit in Q2 2025 Amid Lower Revenue and Fuel Market Adjustments

      July 31, 2025

      The Era of the Gig Economy: Powering a Flexible, Independent Workforce

      July 27, 2025

      President Muizzu Meets Saudi Fund for Development CEO to Discuss Future Cooperation

      July 26, 2025

      India-Maldives Free Trade Agreement Talks Begin, Marking a Historic Step in Bilateral Economic Relations

      July 26, 2025

      Bank of Maldives to Launch Indian Rupee Accounts Amid Strengthening Bilateral Financial Ties

      July 26, 2025
    • FINANCE
    • OPINION
    • TRAVEL & TOURISM
    • PUBLIC SECTOR
    • LIFE STYLE
    Maldives Business TimesMaldives Business Times
    Home » Multiple plots for guesthouse development close to Faresmaathoda Airport

    Multiple plots for guesthouse development close to Faresmaathoda Airport

    RACL announces 18 plots near Faresmaathoda Airport for guesthouse development
    April 18, 20231 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Regional Airports Company Limited (RACL) announced leasing plots near the airport in Gaafu Dhaalu Faresmaathoda for the development of tourist properties.

    RACL will be announcing lease of 18 plots from the airport vicinity, and said interested parties can submit tenders before 14:00hrs of April 26, 2023. Proponents seeking tender document details will receive the information upon inquiry, said RACL.

    Guesthouse properties will either provide temporary lodging for transit guests, and full local-tourism experience for budget tourists. The airport venue is located away from the island’s settlement, making the establishment of a local tourism scene close the port an ideal economical development choice.

    Faresmaathoda Airport opened officially in March 2023. The airport was developed by Maldives Transport and Contracting Company (MTCC) for an approximate cost of MVR 145 million.

    Related Posts

    BUSINESS

    STO Reports MVR 163 Million Net Profit in Q2 2025 Amid Lower Revenue and Fuel Market Adjustments

    July 31, 2025
    BUSINESS

    The Era of the Gig Economy: Powering a Flexible, Independent Workforce

    July 27, 2025
    BUSINESS

    President Muizzu Meets Saudi Fund for Development CEO to Discuss Future Cooperation

    July 26, 2025
    Leave A Reply Cancel Reply

    Don't Miss
    Education

    First Lady Meets JICA Volunteers at Mulee’aage

    November 19, 2025

    First Lady Sajidha Mohamed met with volunteers from the Japan International Cooperation Agency’s (JICA) Japan…

    President Muizzu: Government Clears USD 28.8 Million in Unpaid Bills from Previous Administration

    November 16, 2025

    Cabinet Approves Administrative Measures to Hold Addu City Jurisdiction Referendum

    October 6, 2025
    Demo
    Facebook X (Twitter) Instagram LinkedIn Telegram
    • Home
    • BUSINESS
    • PUBLIC SECTOR
    • TRAVEL & TOURISM
    © 2025 Maldives Business Times. by hyvemedia.

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