Gov't says Rasmale will generate USD 1.1bn annually

17 hours ago

Finance Minister Hassan Zareer says the Rasmale' Waterfront and Marina project is expected to generate USD 11 billion in state revenue over its 10-year development period. The government signed an agreement on September 21 with Abu Dhabi-based developer Eagle Hills to undertake the USD 20 billion project, one of the largest foreign investment proposals in Maldivian history. In a series of posts