President’s announcement revives rumours about the sale of Maldives atoll to Saudi Arabia
The president described the project as a township or an integrated development project involving various industries and open to travellers from all over the world.
29 Jan 2017, 9:00 AM
Saudi Arabia has drawn up plans for a “massive project” in the Maldives, President Abdulla Yameen has said.
The announcement made last week on the island of Magoodhoo in Faafu Atoll has added fuel to the long-standing speculation that the Maldives plans to sell the entire atoll to the Islamic kingdom.
The president described the project as a township or an integrated development project involving various industries and open to travellers from all over the world.
The Saudi rulers have a special interest in Faafu Atoll, he said.
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