Three islands made available for lease without bidding

The priciest island of the three costs US$2.7 million.

26 Jun 2018, 9:00 AM
Three islands have been added to a list of properties that can be leased for tourism development without open bidding.
Raa Villingili, Gaaf Alif Hulhimendhoo and Odagallaa were included in the list, published Monday by the tourism ministry.
The highest acquisition cost is for Villingili, at US$2.7 million. This island is estimated to be about 3.60 hectares.
Hulhimendhoo, which is 5.20 hectares, has a price tag of US$650,000 while acquiring Odagalla will cost US$96,250. This island is 0.77 hectares.

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