Search results for: Maldives

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  • 10 December 2019
    Business & Finance

    The Maldives Transport and Contracting Company Plc (MTCC) has won a contract to construct and upgrade harbors on seven islands in the Republic of Maldives. According to the agreement, the scope of work will include: design and build of ADh. Mandhoo harbor – $2.4 million; Dh. Hulhudheli harbor upgrade works – $2.5 million; F. Dharanboodhoo […]

  • 23 October 2019
    Business & Finance, Project & Tenders

    Royal Boskalis Westminster N.V. recently won a contract by the Ministry of National Planning and Infrastructure, Republic of Maldives, in relation to the development of Gulhifalhu. The value of the contract is estimated at approximately EUR 45 million. According to Boskalis, the dredging activities are due to commence in the fourth quarter of 2019 and […]

  • 31 August 2018
    Business & Finance

    The President of the Maldives, Abdulla Yaameen Abdul Gayyoom, officially inaugurated Lh. Naifaru harbor project today, the Maldives Transport and Contracting Company Plc (MTCC) said in its latest announcement.  The main components of the Naifaru harbor project, conducted by MTCC, included: dredging of 53.396m³ of material; construction of 748m of quay wall construction of 353m long […]

  • 28 August 2018
    Business & Finance

    The President of the Maldives, Abdulla Yaameen Abdul Gayyoom, officially inaugurated R. Innamaadhoo harbor project today, the Maldives Transport and Contracting Company (MTCC) said in their latest announcement. According to the official statement, the main components of this harbor development project included dredging and excavation of 26,992m³ of material, construction of a 304m quay wall […]

  • 2 August 2018
    Business & Finance

    Pearl Atoll Pvt. Ltd. Maldives company has engaged Gulf Cobla Tennssor Maldives (GCTM) to complete the reclamation of Feydhoo Finolhu for their resort development in Kaafu Atoll. The project was stalled and delayed for a long time since Breeman Maldives, who was initially awarded the project during 2017, failed to complete the dredging and reclamation […]

  • 25 July 2018
    Business & Finance

    The Government of Maldives’ Ministry of Housing and Infrastructure today signed a contract with the Maldives Transport and Contracting Company Plc (MTCC) for the K. Huraa land reclamation project. During the signing ceremony, the Minister of Housing and Infrastructure, Dr. Mohamed Muizzu, stated that this $2.1 million development program is set to last 6 months, creating […]

  • 11 July 2018
    Business & Finance

    The Maldives President, Abdulla Yameen Abdul Gayoom, has attended the ceremony to mark the completion of a land reclamation project in Muli Island of Mulaku Atoll.   According to an official announcement from the Maldives Ministry of Housing and Infrastructure, the ceremony was held yesterday at the harbor area of Muli Island. During the ceremony, […]

  • 6 July 2018
    Business & Finance

    K. Guraidhoo harbor was officially inaugurated last month, June 24, by Yameen Abdul Gayoom, the President of the Maldives, the Maldives Transport and Contracting Company Plc (MTCC) said in their latest announcement.  The construction of the 281 long and 142m wide harbor started in February, 2014 and the project was successfully completed in October, 2017. According […]

  • 1 December 2017
    Business & Finance

    Van Oord has been awarded a DPC Innovation Award for its innovative and sustainable approach to a land reclamation project in the Maldives. The company won the award in the ‘Innovation in Project Design – Open Water/ Coastal Dredging’ category. According to the organizers, the judges admired this totally rounded project with its large number […]

  • 25 October 2017
    Business & Finance, Project & Tenders, Vessels

    Following her two-week trip from China, MTCC’s new trailing suction hopper dredger Mahaa Jarraafu has finally arrived home. “Today marks a major milestone in the history of MTCC. Our trailing suction hopper dredger Mahaa Jarraafu has just arrived in the Maldives,” reported the company. The vessel, belonging to the Easydredge series of standard twin-screw trailing suction […]

  • 6 October 2017
    Business & Finance, Project & Tenders, Vessels

    MTCC’s new trailing suction hopper dredger, the Mahaa Jarraafu, is on its way to the Maldives where she will be handed over to the new owner. According to the company’s latest tweet, the newbuild set sail today on its maiden voyage from China, taking the long way home via Singapore. The vessel is the largest in the […]

  • 5 July 2017
    Business & Finance

    Southwest of Sri Lanka in the Indian Ocean lies the Maldives, a country spread over some 1,200 small, sandy islands, only 196 of which are inhabited. One third of the country’s 350,000 inhabitants live in the capital of Male. The city is getting congested and there is not enough space to house the families coming […]

  • 26 April 2017
    Business & Finance

    Evosun Sdn Bhd Malaysia has just announced that the Meemu atoll Muli reclamation project in the Republic of Maldives is now successfully completed. Under the $6.4 million scheme, funded by Government of Maldives, Evosun created 40 hectares of new land by using more than 1 million cubic meters of sand. For this project, the company used […]

  • 12 April 2017
    Business & Finance

    The new Easydredge 3700 trailing suction hopper dredger (TSHD) Mahaa Jarraafu is set to arrive in the Maldives by the end of this month, the Corporate Maldives reports. The $36 million dredger, built by Royal IHC for the Maldives Transport and Contracting Company (MTCC), was launched in January 2017 at the RMC Shipyard in Qidong, China. […]

  • 27 March 2017
    Business & Finance

    Maldives Road Development Corporation (MRDC) has won a contract to build jetties at six islands for over MVR 14 million (around $1 million), according to the Republic of Maldives’ Ministry of Housing and Infrastructure latest announcement. Minister of Housing and Infrastructure, Dr Mohamed Muizzu, and MRDC’s Managing Director, Ahmed Nimal, signed the agreement yesterday. “We hope […]

  • 20 February 2017
    Business & Finance

    UAE’s National Marine Dredging Company (NMDC) has won a $23 million contract for the marine works in Male, the Republic of Maldives. This capital development project, undertaken for DAMAC Properties from Dubai, will involve construction of three islands for a 5 star resort, including reclamation of around 1 million cubic meters of new land, significant […]

  • 27 January 2017
    Business & Finance

    DEME, the Belgian dredging, environmental and marine engineering group, has secured several new contracts for dredging and land reclamation works in India and the Maldives. The total value of these orders represent approximately EUR100 million, DEME said in its release. In India, DEME has been awarded several new projects, including dredging works for Project Seabird […]

  • 23 August 2016
    Business & Finance, Vessels

    Maldives Transport and Contracting Company (MTCC) CEO, Ibrahim Ziyath, was yesterday presented with a scale model of the company’s new trailing suction hopper dredger “Mahaa Jarraafu”. The scale model of the newbuild was handed over to MTCC CEO by the Area Director of IHC Holland, Mr. Amine N.H. Ezzedine. The 3700 vessel is the largest in the […]

  • 18 August 2016
    Business & Finance

    Republic of Maldives’ Ministry of Economic Development is seeking consultancy services to develop a detailed master plan for iHavan Integrated Project, located on Ihavandhippolhu atoll in Northern Maldives. The iHavan integrated project will include the development of harbors and ports, the cargo storage areas, an international cruise facility, airport, as well as residential and commercial real estate. Noting […]

  • 9 May 2016
    Business & Finance, Vessels

    Van Oord’s trailing suction hopper dredger HAM 318 has just arrived in Maldives, ready to undertake some massive dredging and land reclamation tasks. The scope of the HAM’s work will include dredging, reclamation and civil works in the Thinadhoo, Feydhoo and Himmafushi areas. The Maldives’ Ministry of Housing and Infrastructure said that the completion of […]

  • 10 March 2015
    Business & Finance

    Republic of Maldives’ Ministry of Environment and Energy has signed a contract with Sas e Sanok JV Private Limited for the construction of coastal protection structures for the islands of Kandoodhoo and Veymandoo in Thaa Atoll. The contract was signed today by Thorig Ibrahim, the Minister of Environment and Energy, on behalf of the Government, and Saudhulla […]

  • 17 February 2015
    Business & Finance

    A consortium of Royal HaskoningDHV and TechForce Innovation will develop solutions to ensure significant increased coastal protection at three southern islands of the Maldives: Fuvahmulah, Maradhoo and Feydhoo. These islands experience severe erosion and flooding problems. The consortium will focus on locations where the urgency is largest and where relatively limited measures can have a […]

  • 20 January 2015
    Business & Finance, Project & Tenders

    The trailing suction hopper dredger ‘Leiv Eiriksson’ has arrived in the Maldives and is ready to carry out the dredging and reclamation work of Hulhumalé Phase II. This mega hopper with a capacity of 46,000 m³ arrived in the Maldives on January 10th. But before the vessel could begin operations, the Leiv Eiriksson was anchored in the Hulhumalé area waiting […]

  • 12 December 2014
    Business & Finance

    A Grant Agreement has been signed between the Government of the Republic of the Maldives and the Government of the Netherlands to implement a project aimed at remedying the coastal erosion faced by the populations of Gn.Fuvahmulah, S.Maradhoo, Maradhoo-Feydhoo and S.Feydhoo. Minister Abdulla Jihad signed the agreement on behalf of the Government of the Republic […]

  • 22 July 2014
    Business & Finance, Project & Tenders

    Maldives Transport and Contracting Company (MTCC) has been awarded a contract to build a 300ft x 200ft Fainu harbor at the Raa Atoll, Maldives. The deal was signed yesterday by Mr. Ibrahim Abdul Razzaq, CEO of the MTCC and Dr. Mohamed Muizzu, Minister of Housing and Infrastructure. According to the government’s release, construction of the $2 […]

  • 18 July 2014
    Business & Finance, Project & Tenders

    Housing Development Corporation Ltd. (HDC) and Dredging International N.V. (Belgium) have signed the framework agreement that will allow Hulhumale Phase II dredging and reclamation works to carry on. The agreement was signed yesterday at a ceremony in Nasandhura Palace Hotel, by HDC Managing Director, Mr. Suhail Ahmed and Resident Manager – Indian Subcontinent, Mr. Amedeo Peyron […]

  • 1 July 2014
    Business & Finance, Research & Development

    DP World Chairman HE Sultan Ahmed Bin Sulayem met with the Maldivian President His Excellency Abdulla Yameen Abdul ‎Gayoom and Minister of Economic Development His Excellency Mohamed Saeed, in Malé and during the meeting discussed potential areas of cooperation and ways in which economic relations could be enhanced to higher levels. The meeting, which was […]

  • 20 June 2014
    Business & Finance, Equipment, Technology

    A US$50 million contract for dredging and reclamation work in Hulhumalé has been awarded to Belgian company Dredging International NV, according to the Housing Development Corporation (HDC). The Letter of Award to carry out this development project was issued to Dredging International NV on June 18, 2014. The project will commence within a period of […]

  • 14 May 2014
    Business & Finance, Equipment, Technology

    The Kaafu atoll Thulusdhoo land reclamation project commenced on May 6, 2014. The works are being carried out by Boskalis International BV. Dredging and reclamation work is being executed in full compliance with the Environmental Impact Assessment (EIA) standards and in accordance with the revised work methodology that has been approved by the Environmental Protection […]