NewsJune 1, 2024

Tourism Ministry Unveils Plans to Lease 17 New Islands for Resort Development

The Ministry of Tourism in the Maldives has unveiled plans to lease 17 additional islands and lagoons across nine atolls, inviting interested parties to submit development proposals.

Announcing the initiative, the ministry disclosed that the most valuable plot earmarked for lease is the Himiyyaa lagoon in Kaafu Atoll, located centrally within the Maldives archipelago. Spanning an area of 712 hectares, the acquisition cost for this lagoon is estimated at USD 23,518,450.


Following closely behind is a parcel of land situated on Lhaviyani Atoll’s Dhiffushi island, which is set to be leased alongside the adjacent Maidhoo island. This combined offering, covering 15.17 and an additional 20.99 hectares, respectively, commands a price tag of USD 18,580,000.

Among the other areas listed for lease are 15 hectares from Vaikaramuraidhoo in Haa Dhaalu Atoll, 13.11 hectares from Kudalhaimendhoo in Shaviyani Atoll, and 4.83 hectares from Dhikkuredhhoo in Raa Atoll, all located in the northern region of the Maldives.

From the central region, the list encompasses 0.28 hectares from Vihafarufinolhu in Lhaviyani Atoll, 1.47 hectares from Alikoirah in Alif Alif Atoll, 0.62 hectares from a lagoon in Vaavu Atoll, and three islands from Thaa Atoll, namely Gaalee island with an adjacent island (6.96 + 0.20 hectares), Kanimeedhoo (10 hectares), and Ruhthibirah (8.41 hectares).

Additionally, the list includes areas from the southern region, commencing with Laamu Atoll, which features 3.11 hectares from Kashidhoo, 3.41 hectares from Bodumunya fushi, and 2.81 hectares from Hanhushi. The remaining two areas hail from Gaafu Dhaalu Atoll, situated below Laamu Atoll, encompassing 3.08 hectares from Beyrumaudoo and 7.61 hectares from Kalhehuttaa.

Feature photo: COMO Maalifushi