Thilafushi tenants owe US$880,000 in back rent, says TCL
25 Mar 2010, 5:00 PM
Laura Restrepo Ortega
Tilafushi Corporation Limited (TCL) is currently not leasing any land plots on Thilafushi island to new applicants, says Chief Executive Officer of TCL Mohamed Zahir, because they are inundated with applications.
Meanwhile almost a fifth of the plots already allocated are lying idle, while some tenants have failed to pay rent to the tune of (US$882,000).
The 100 percent government-owned company is responsible for managing and developing Thilafushi island, formerly known as Thilafalhu lagoon. Reclamation of the lagoon began in 1992 in order to solve the waste management problems from garbage generated in Malé.
Other industry workers, such as brick makers, were leased land plots in Thilafushi by the previous government, and new applications for land plots are constantly coming in to TCL.
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