Planning Minister Mohamed Aslam has stated that the settlement signing stage had been reached with three firms for the event of recent airports.

Replying to a query by Vilifushi MP Hassan Afeef at Wednesday’s Parliament session, Minister Aslam stated not less than $3 million ought to be proposed for the event of the airports.

“Then, we now have to contemplate the dimensions and site of the island the place they [the developers] wish to construct a resort. Even when the value is lower than $3 million, [minimum] $3 million ought to be paid,” Aslam stated.

The minister stated the MoU signing stage requires fee inside 45 days. As soon as the cash is paid, a lease settlement will likely be entered with the Tourism Ministry concerning the lease of the island, he stated.

Minister Aslam stated all three firms that submitted proposals for the airports had been critical in regards to the venture. Nonetheless, one firm stated it wants six months to pay the cash. Nonetheless, he stated that the federal government doesn’t want to spend an excessive amount of time on the method and won’t be extending the fee length.

The Planning Ministry has introduced airport tasks for HDh. Makunudhoo, Sh. Bilehfahi, B. Thulhaadhoo, Th. Vilufushi, F. Magoodhoo, and a R. atoll island. The federal government has set a minimal bid worth of $3 million for financing within the expression of curiosity.