Malé, Maldives — The Former President and Current Speaker of Maldives, Mohamed Nasheed has inaugurated the Maldives Floating City (MFC) project today.
The Ministry of Tourism of Maldives tweeted making the announcement, revealing that the ceremony was held today at the Tourism Ministry building in Male’ City. The ceremony was inaugurated by Speaker Nasheed in the presence of the Tourism Minister of Maldives, Abdullah Mausoom.
The government of Maldives partnered with the global leader in floating developments, concepts and infrastructure Dutch Docklands to build the floating city in the country. During the ceremony, the CEO of Dutch Docklands, Mr. Paul Van De Camp handed over the official concept book of the project to both former President Nasheed and Minister Mausoom to mark the project launch.
Ten minutes from the capital Male’ in North Male’ Atoll, the MFC project has been planned to be built in a 200 hector lagoon next to the Aarah island. The project consists of building 5,000 floating homes in the lagoon area, expecting the population to go up to 15,000 with mosques, schools and other necessary facilities being available in the floating city. Two resorts and a yacht marina will also be established around the city to provide job opportunities.
These homes can be bought by any individual similarly as how houses are bought from the Hulhumale’ area along with housing finance facilities and mortgage options.
To make the city more livable and to create more job opportunities for the individuals who will be living in MFC, there will be a yacht marina, two resorts and other international resorts surrounding the area.
The Project consultant Mr. Riyaz, who is working along with Dutch Docklands said that the city will have no use of fossil fuel but instead will be fully run on renewable energy.
The work of MFC is to begin in September this year, while the major installation work will go through in the upcoming year, revealed the Tourism Ministry.