A Chinese company has been awarded the Thilafalhu dredging project under efforts to develop the industrial island as the country’s main industrial hub, reports avas.mv.
The Maldives’ Housing Development Corporation (HDC) awarded the dredging project to China Harbor Engineering Company (CHEC) on December 15.
The project will dredge an area of 150 hectares from the Thilafalhu lagoon, which is an area larger than Thilafushi island. The present size of Thilafushi is about 4.6 million square feet.
The dredging work will be divided into three parts.
In the first phase, 40 hectares of land will be dredged within 12 months, and the land will be allocated for industrial activities and small businesses.
Around 60 percent of the newly reclaimed 150 hectares will be allocated to businesses, while the rest will be used for roads and public services.