In Addu City, MFMC begins an integrated tourism development project
The Hankede Integrated Tourism Project, a significant tourism development project for Addu City, has been unveiled by Maldives Fund Management Corporation Limited (MFMC).
The project involves creating 1,041 rooms with a variety of lodging alternatives, each with a distinctive design. According to MFMC, the project will revitalize Addu, improve the tourism industry, and give inhabitants of Addu the chance to gain from integrated tourism through jobs and by fostering an atmosphere that is favorable for small and medium-sized businesses.
The government aims to bring 8,000 tourism beds into operation in Addu. Hankede is one of the regions in Addu that is specialised for tourism and includes hotels, guesthouses, and other tourism-related businesses.
According to President Ibrahim Mohamed Solih, financing for the Hankede Integrated Tourism Project have been acquired, and final preparations are being completed in order to start the fieldwork. According to him, the initiative is a part of the government’s promise to build 8,000 new tourist accommodations in Addu.