Industry News

The Ministry of Finance of the Republic of the Maldives invites interested proponents to indicate their interest for the development of the International Container Transhipment Port on the north side of the archipelago, under a build-operate-transfer public-private partnership model. The first phase of the project is to be completed in 2024 and should offer a capacity of 1.85 million TEU, with a quay length of 900 meters. The second phase will increase the capacity to 3.43 million TEU in 2033, expanding the quay length to 1,320 meters.

The submittance deadline for the expressions of interest is April 29, 2021. The project documents can be downloaded from the website of the Ministry of Finance.