📋 Tender Overview
President Dr Mohamed Muizzu has reaffirmed that the Rasmale development project will transform housing prospects, expressing confidence that it will provide Maldivians with unprecedented access to secure housing over the next two years.
The President made the remarks during the sixth episode of Nation Chat, a podcast series by Public Service Media (PSM).
Emphasising that ensuring access to secure housing for all Maldivian citizens remains a key Government priority, the President addressed public concerns surrounding the countrys largest ongoing development project. He acknowledged differing public views on development initiatives, noting that some oppose such projects while others weigh their merits and shortcomings before forming an opinion. Reassuring the public, he said there was no cause for concern over the Rasmale project and expressed confidence that it would deliver significant benefits to the people.
The President also referred to his remarks on the same subject in The Pulse, a podcast series produced by the Presidents Office. He rejected claims that the project was being pursued in a manner intended to create fear and unrest among citizens, citing his direct efforts to oppose Israel as an example.
Addressing the role of foreign investment in advancing the Rasmale project, the President reiterated that such investment would not diminish housing opportunities for Maldivian citizens. He assured that eligible applicants who had applied for housing under the various categories would be provided with housing opportunities, subject to meeting the relevant requirements.
The President further highlighted that major development projects are being financed through innovative arrangements designed to avoid adding to the countrys debt. These include attracting investment through future revenue models and land-leasing agreements, enabling development while delivering direct benefits and long-term gains to the public. He reaffirmed his commitment to ensuring that the Rasmale project delivers tangible benefits to the people of the Maldives.
