MTDC subleases Embudufushi and Olhuveli

Friday, 25 April 2008 22:51

Maldives Tourism Development Corporation (MTDC) has subleased Embudufushi and Olhuveli of Dhaalu Atoll to Dr. Ibrahim Umar Manik to develop and operate as a 220-bed tourist resort. The sublease agreement was signed on 17th April 2008 at MTDC’s Head Office.

The island is expected to commence its operation at the end of 2009.





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