Regional Airports Company Limited (RACL) has signed a Memorandum of Understanding (MoU) with the Kulhudhuffushi City Council towards seeking investors for a tourism zone development neighboring the Kulhudhuffushi Airport.
TheĀ MoU was signed during RACL Managing Director Ahmed Mubeen’s recent visit to Kulhudhuffushi City.
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RACL reports the agreement between the company and Kulhudhuffushi City Council was signed to enhance economic opportunities, since the mangrove neighboring the airport remains unattended and unutilized.
The chalk-water mangrove in Kulhudhuffushi City is among the largest such mangroves in the country, which has been identified for its potential in becoming a venue of eco-tourism.
RACL said it would be seeking an investor to develop a tourism zone in the area, to enhance employment opportunities of the island’s locals.
Additionally, the initiative is poised with increasing flight movements to the northern-most city as well.
The initiative is aligned with RACL Managing Director’s vision of transforming the company into a commercially viable one and reduce dependency on the government for expenditure in the next three years.
RACL currently operates a total of seven regional airports across the Maldives.
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