Addu International Airport set to unveil developer later this month

Addu International Airport Company Limited (AIACL) has said it expects to announce the party chosen to oversee developments to the country’s second international airport before the end of the month.

AIACL Managing Director Shahid Ali said that it was presently looking at bids from a short-list of three international bidders and expected to choose a finalist for the development in the next ten days.

Shahid told local newspaper Haveeru that all three companies to have submitted bids for the project were all very “capable”. However, he said that securing finance for the project may pose some difficulties for the party chosen to proceed with the airport project.

“There are options through which they can obtain finance. It will progress on fine,” Shahid was quoted as saying by Haveeru.