Government to sign MoU with Dubai Ports World to develop port at Thilafushi
19 Mar 2015, 4:27 PM
Minivan News
The government is planning to relocate the central commercial port from Malé to Thilafushi and sign a joint venture agreement with Dubai Ports (DP) World to develop the port as a free zone, the cabinet’s economic council has revealed.
Speaking at a press conference at the President’s Office yesterday, Tourism Minister Ahmed Adeeb said “advance discussions” have taken place with DP World about a joint venture with the government.
“In my view, such progress shows the confidence in the Maldives,” the co-chair of the economic council said.
Economic Development Minister Mohamed Saeed and Youth Minister Mohamed Maleeh Jamal would depart for Dubai on Wednesday night to sign a Memorandum of Understanding (MoU), Adeeb said.
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