Multi-resort project underway in lagoon near Malé
Phase one of the project comprises “a three-island-resorts concept, with a core island township bringing a veritable wealth of world-class food and beverage, retail, entertainment, recreation and leisure-lifestyle experiences to the Maldives for the very first time,” according to the Thai developer.
08 Aug 2017, 9:00 AM
Construction of the first integrated resort in the Maldives is underway in the Emboodhoo lagoon near the capital Malé.
The US$311.5 million project by Thailand’s Singha Estate was launched by Tourism Minister Moosa Zameera at an official groundbreaking ceremony on July 30.
Phase one of the project comprises “a three-island-resorts concept, with a core island township bringing a veritable wealth of world-class food and beverage, retail, entertainment, recreation and leisure-lifestyle experiences to the Maldives for the very first time,” according to the Thai developer.
The township is expected to be complete by the third quarter of 2018 and the second phase within the next five years.
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