MALE’ — Maldives Transport and Contracting Company has been awarded a MVR 154 million contract to construct a 100-metre quay wall and carry out paving works at the developing commercial port in Thilafushi, with the project required to be completed within 120 days.
The agreement was signed at the Maldives Ports Limited head office on Monday, with MPL Chief Executive Hussain Shafeeg and MTCC Managing Director Ahmed Saudi signing on behalf of their respective organisations.
The financial breakdown covers MVR 18.8 million specifically for the quay wall construction, with the remaining amount covering paving of a 6,775 square metre area and associated engineering works.
The zone being developed will initially handle cargo clearance operations. Once the broader Thilafushi Port project is complete, it will transition into a dedicated service quay for MPL’s own vessels.
The project fits into a larger strategic shift in how the Maldives manages sea freight. MPL plans to move a significant portion of cargo clearance from the Male’ Commercial Port and the Hulhumale’ International Terminal to Thilafushi once the new port is operational. The relocation is expected to ease congestion at both existing hubs, which have faced sustained pressure as cargo volumes have grown.
MPL said it is targeting a November opening for the Thilafushi International Port, at which point the primary operations of the Male’ Commercial Port will shift to the new facility. Design and survey work for Phase 1 of the port was awarded to China Harbour Engineering Company in February this year. MPL said that preliminary phase is nearing completion.