Close Menu
Maldives Business TimesMaldives Business Times
    What's Hot

    State Collects MVR 172.8M in Departure Tax in September

    October 26, 2026

    MIB to Hold EGM on November 10

    October 26, 2026

    Allied Insurance Picks Up Two IFFSA Awards in Colombo

    October 26, 2026
    Facebook X (Twitter) Instagram
    Thursday, October 29
    Facebook X (Twitter) Instagram
    Maldives Business TimesMaldives Business Times
    • Home
    • Features

      State Collects MVR 172.8M in Departure Tax in September

      October 26, 2026

      MIB to Hold EGM on November 10

      October 26, 2026

      Allied Insurance Picks Up Two IFFSA Awards in Colombo

      October 26, 2026

      Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

      October 25, 2026

      BML to Enable Dollar Payments Through Its Payment Gateway

      October 25, 2026
    • BUSINESS

      MIB to Hold EGM on November 10

      October 26, 2026

      Allied Insurance Picks Up Two IFFSA Awards in Colombo

      October 26, 2026

      Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

      October 25, 2026

      BML to Enable Dollar Payments Through Its Payment Gateway

      October 25, 2026

      STO Leads Listed Companies in Corporate Governance Compliance: CMDA

      October 19, 2026
    • FINANCE
    • OPINION
    • TRAVEL & TOURISM
    • PUBLIC SECTOR
    • LIFE STYLE
    Maldives Business TimesMaldives Business Times
    Home ยป RasMale’ Project: 10 hectares of Fushidhiggaru Falhu reclaimed

    RasMale’ Project: 10 hectares of Fushidhiggaru Falhu reclaimed

    RasMale' Project Progress: CMCC reclaims 10 hectares of land within one week since project commencement
    December 25, 20232 Mins Read
    Photo: Mihaaru
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A total of 10 hectares of land from Fushidhiggaru Falhu has been reclaimed within a week’s time.

    RasMale’ eco-city project is the most ambitious urbanization initiative of President Dr. Mohamed Muizzu. The island is developed by reclaiming Fushidhiggaru Falhu located south of Male’ City. The project commenced on Monday, last week.

    While the reclamation works of the first phase are underway, the contractor has successfully reclaimed 10 hectares of land since commencement.

    Sri Lanka’s Capital Marine and Civil Construction Company (CMCC) was contracted for the reclamation efforts, and is expected to complete its task in eight months.

    Under the RasMale’ mega development initiative, the government aims to reclaim 1,153 hectares of land for the island from the lagoon.

    This is also the largest reclamation project in the Maldives, with the final reclaimed island expected to be three times larger than Hulhumale’ (Phase 1 and 2 combined).

    Additionally, the project has been awarded to CMCC without incurring any expenditure of the state or Urbanco. An accord was struck between the state and the contractor on providing 10 hectares of land from Hulhumale’ and 60 hectares from RasMale’ to CMCC.

    CMCC is using the dredger “Filippo Brunelleschi” for the reclamation project. The dredger was brought to the Maldives by Maldives Transport and Contracting Company (MTCC) in July 2023.

    The vessel measures 142.5 meters in length and 27.5 meters in width, with a hopper capacity with a loading capacity of 11,300 cubic meters.

    Related Posts

    BUSINESS

    MIB to Hold EGM on November 10

    October 26, 2026
    Awards

    Allied Insurance Picks Up Two IFFSA Awards in Colombo

    October 26, 2026
    BUSINESS

    Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

    October 25, 2026
    Leave A Reply Cancel Reply

    Don't Miss
    BUSINESS

    MIB to Hold EGM on November 10

    October 26, 2026

    Maldives Islamic Bank (MIB) will hold its first extraordinary general meeting (EGM) of the year…

    Allied Insurance Picks Up Two IFFSA Awards in Colombo

    October 26, 2026

    Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

    October 25, 2026
    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.