Bidding opens for Th. Ruhthibirah for resort development
Land Acquisition Cost (LAC) is set at USD 875,000 (MVR 13.5 million).
Tourism ministry on Sunday opened bidding for the development and operation of a resort in the island of Ruhthibirah in Thaa atoll.
Th. Ruhthibirah:
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8.41 hectares in size
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The ministry has proposed to develop at least 100 beds
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Land Acquisition Cost (LAC) of USD 875,000 (MVR 13.5 million)
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USD 2 million required as proof of financial capacity
Important dates of bidding:
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Bid submission - September 21, at 10am
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Clarification of information about the announcement - Email before 1pm on September 17
The ministry had in late August opened bidding for the development and operation of resorts in HA. Medhafushi and Sh. Nalandhoo in the north.
