Business & Finance

about 7 years ago

MTCC Scores Guraidhoo Harbor Contract

The Maldives Transport and Contracting Company (MTCC) inked a contract yesterday to construct new harbor at Th. Guraidhoo, one of the inhabited islands of Kaafu Atoll in the Maldives. Permanent Secretary of Planning, Zeeniya Ahmed Hameed, signed the agreement on behalf of the government and the MTCC

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The Maldives Transport and Contracting Company (MTCC) inked a contract yesterday to construct new harbor at Th. Guraidhoo, one of the inhabited islands of Kaafu Atoll in the Maldives.

Permanent Secretary of Planning, Zeeniya Ahmed Hameed, signed the agreement on behalf of the government and the MTCC COO, Shahid Hussain Moosa, put his signature on behalf of the company.

According to MTCC, the work will consist of the construction of a 370 meter quay wall, new breakwater, 15 mooring buoys, and a ramp. The project also includes the construction of a walkway and the installation of 18 harbor lights and two navigational lights.

The project is estimated to cost $3 million and is expected to be completed in 475 days.

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