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Rasmale First Maldives Tender

🏛️ MINISTRY OF ECONOMIC DEVELOPMENT TRADE MOEDT
📄 Tender ID: 503134095 📅 Published: 20 Apr 2024

📋 Tender Overview

Development will include:
- 65,000 housing units
- Roads, public grounds, office premises
- Modern express speed boat connectivity from Male’ to RasMale’
- Parks, sports venues, entertainment zones
- Hospitals, schools, residential and commercial areas

Ras Malé, also known as the Maldives Eco City, is a groundbreaking project located in Fushi Dhiggaru Lagoon, minutes away from Malé. Covering 1,150 hectares of land—a landmass nearly three times the combined area of the two phases of Hulhumalé, it’s set to become the largest land reclamation initiative in the nation, aimed at providing 65,000 housing solutions to address the housing crisis. The city will be elevated two meters at its edges and three meters at its centre, to address climate change concerns.

In adherence to international climate adaptation standards, Ras Malé will run entirely on renewable energy, ensuring that transportation and infrastructure prioritize renewable energy sources for a zero-carbon, green and sustainable urban environment. A state-of-the-art transportation system with hydrofoil technology and a ferry network equipped with modern express speed boats will connect the city seamlessly to Malé.

Additionally, plans to construct an airstrip near Fushi Dhiggaru Lagoon, connected to Ras Malé, are in progress ensuring it would not disrupt the operations at Velana International Airport. These developments aim to expand trade, revenue, and employment opportunities.

Land reclamation for Rasmale, the largest project of its kind in the Maldives, began in December 2023 and spans 1,153 hectares. The government has already initiated the provision of essential services and utilities, which include water, sewerage and electricity systems.

🔍 Key Information

📄
Tender Reference No.
503134095
📅
Publication Date
20 Apr 2024
💰
Estimated Value
N/A
🌐
Sector
Real Estate
📅
Deadline
31 Dec 2027
📝
Notice Type
Projects
📍
Location
Maldives
📑
Contract Duration
3 Years 8 Months 11 Days

📁 Documents & Downloads

No documents found

🏷️ CPV

No CPV found

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🕒 Submission deadline
425
days remaining · 31 Dec 2027
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🧭 Quick Facts

Authority MINISTRY OF ECONOMIC DEVELOPMENT TRADE MOEDT
Country Maldives
State / UT N/A
Tender Type Project Information
Currency N/A
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