Investment opportunities in Thumburi integrated resort project in Laamu Atoll

Thumburi

Maldives.net.mv – Thumburi integrated resort development project is the embodiment of the government’s vision for guest house islands which was outlines in the PPM tourism manifesto. Under phase 1 of Thumburi integrated resort development project, Maldives Marketing and Public Relations Corporation Limited (MMPRC) invite Expression of Interest from interested parties to take on lease land parcels allocated for the development, Operation and maintenance of Beach Resorts under phase 1 of the Thumburi Integrated Resort Project at Laamu Atoll, Republic of Maldives.

For details on submitting an application for Expression of Interest, the selection process, the Details of the available land parcels, the lease terms, and the permitted use for the land parcels, Please refer to the document named “Instructions for Submission of Expression of Interest” (“ISEOI”) via our website www.investtourism.gov.mv.

Interested eligible parties may submit their Expression of Interest with all the necessary documents, duly signed by an authorized signatory and sealed, by 14:30 HRS of 31st October 2014 to the address provided in the ISEOI document.

The Purpose of the lease of the 3 beach resort is to raise finance for the project, as the Guesthouse, Restaurants, Dive Centers and other sub sector services in the island are to be leased out on a minimal rent to give opportunity to the local businesses and empower the local community.

Furthermore, 10,000 sq. ft. beach hotel lots have been awarded to the successful five bidders on 15th September 2014; And 5000SQFT Beach Hotel lots bid evaluation is under process and will be awarded to successful bidders by 30th October 2014. Thumburi Integrated resort project work will officially commence on site in January 2015.

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