Malé land to be leased without bidding

Parliament authorised the government to lease islands for tourism development without any competitive bidding processes in 2016.

11 Jan 2018, 9:00 AM
The tourism ministry has added a plot of land from the capital to the list of properties up for long-term lease without any bidding process.
The land is estimated to be 19,343 square feet with an acquisition cost of MVR1.4 million (US$90,800).
Parliament authorised the government to lease islands for tourism development without any competitive bidding processes in 2016.
The ministry list comprises islands and land leased for the development of tourist infrastructure and was updated in November, according to SunOnline.

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