President Dr. Mohamed Muizzu reaffirmed his Administration’s commitment to economic recovery, assuring that outstanding Government payments would be settled without resorting to monetary expansion.
He announced during a meeting with residents of L. Fonadhoo, as part of his ongoing visit to the inhabited islands of the atoll.
The President reiterated the Government’s dedication to advancing the tourism, fisheries, and construction sectors, noting that a steady stream of upcoming infrastructure projects would be awarded to private sector companies, creating employment opportunities and promoting economic prosperity across the nation.
At last night's meeting, the President pledged that the development of L. Kadhdhoo Airport would be completed within three years.
The gathering also marked the formalisation of several key development agreements for Fonadhoo, including contracts for a land reclamation and coastal protection project, as well as the formal handover of Kadhdhoo Airport’s development and operations to Maldives Airports Company Limited (MACL).
Outlining the scope of the airport project, the President stated that it would involve the reclamation of 114 hectares of land to accommodate a 2,800-metre runway. An additional 30 hectares will be reclaimed to expand Fonadhoo Island, bringing the total reclaimed area to 144 hectares. He noted that land reclamation is expected to be completed within a year, with the full project, including airport development, scheduled for completion within 36 months.
The President also assured that the land reclamation for the airport would be undertaken without the need to relocate the Maldives National Defence Force (MNDF) facility currently based in the area.
He emphasised that the development of Kadhdhoo Airport represents a crucial step towards establishing Fonadhoo as a regional hub for tourism, education, and wider economic growth.
