Reduced island lease rates in six atolls for tourism

6 days ago

Reduced rates have been introduced for the leasing of islands for tourism development across six atolls under the cross-subsidy model. In an announcement on Sunday, Tourism Ministry stated that the concessionary rates apply to islands in Haa Alifu Atoll, Haa Dhaalu Atoll, Shaviyani Atoll, Thaa Atoll, Laamu Atoll, and Addu Atoll. The reduced rates will remain in effect for two years. According