The Economic Ministry has sent the notification of intent to award to the contractor that submitted the winning bid for the project to develop the Gan International Airport.
Economic Ministry confirms it sent the notification letter Tuesday.
The project will be officially awarded after five days, as required under the Public Finance Regulation, said the ministry.
The Economic Ministry declined to disclose the winning bidder, stating that the company will be announced in five days.
The Gan International Airport in Addu is set to be developed with a passenger terminal and facilities to serve 1.5 million passengers annually.
The facilities that will be developed under the project includes duty free shops, restaurants, lounges, a new control tower, fire station, cargo and cold storage facilities, as well as roads and parking areas.
The Gan International Airport has been described by the Economic Ministry as the main gate to southern Maldives, making the modernization and upgrade of the airport’s capacity and services crucial to the development of the region.