Male’, Maldives – In a recent announcement, Mohamed Wajeeh Ibrahim, the CEO of Maldives Ports Limited (MPL), unveiled plans for the construction of a state-of-the-art dockyard and shipyard on K.Thilafushi island. This strategic move of Thilafushi Dockyard aims to address the pressing need for enhanced maritime infrastructure and storage capacity in the region.
The ambitious project includes the establishment of a dockyard and shipyard equipped with a comprehensive workshop facility. According to Mr.Ibrahim, the shipyard is slated for completion within the current year, showcasing MPL’s commitment to timely execution. Meanwhile, the Thilafushi dockyard’s construction is anticipated to conclude within the five-year term of the current administration.
The decision to shift the primary port operations from Male’ to K.Thilafushi island stems from the urgent requirement for expanded storage capabilities. With work progressing rapidly, the relocation process is set to alleviate congestion and streamline port activities effectively.
Highlighting MPL’s strategic positioning, Mr.Ibrahim emphasized the significant potential of the land owned by MPL in K.Thilafushi. Plans are underway to leverage this asset optimally, with development initiatives already in motion to maximize its benefits.
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Moreover, the CEO shed light on the broader scope of MPL’s development agenda, citing the need for further enhancements at ports across the archipelago. Notably, the ports of Kulhudhuffushi and Addu, established nearly two decades ago, are undergoing comprehensive upgrades to align with the overarching Male’ port relocation project.
The announcement of Thilafushi Dockyard underscores MPL’s unwavering commitment to bolstering the Maldives’ maritime infrastructure and facilitating sustainable economic growth. By harnessing the potential of K.Thilafushi island and prioritizing strategic investments, MPL aims to enhance operational efficiency, promote trade facilitation, and elevate the Maldives’ standing as a maritime hub in the region.
As MPL presses forward with its ambitious plans, stakeholders anticipate transformative developments that will reshape the maritime landscape and propel the Maldives towards a prosperous future.
