The government has contracted the Maldives Transport and Contracting Company (MTCC) to carry out land reclamation in Lh. Naifaru.
MTCC Managing Director Ahmed Saudhee signed the agreement with Housing Minister Dr. Abdullah Muthalib.
Naifaru, home to 5,787 people, faces land shortages that hinder development. MTCC said the project will create new space for housing and economic opportunities.
The scope of work includes dredging 26,960 cubic meters, reclaiming land, and developing supporting infrastructure such as pavements and public lighting.
The MVR 47.5 million project is expected to be completed within 360 days.
Established in 1980, MTCC remains a key player in land reclamation and infrastructure development across the Maldives.