Maldives Bets on $790 Million Township to Move Beyond Tourism
Malé, Maldives — For decades, the Maldives has been known as a tourism paradise that fuels its economy. This week, however, the island nation announced a project its leaders believe could reshape that story: its first sustainable township, a $790 million project led by Crystal Holdings. Officials call the township a turning point. It blends luxury hospitality with residential living, but also adds a hospital, a leadership school, and even an island dedicated to advanced farming and aquaculture. At least 60 percent of the township’s energy is expected to come from renewable sources, a nod to the Maldives’ vulnerability to … Continue reading Maldives Bets on $790 Million Township to Move Beyond Tourism
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