MTCC to purchase US$36 million dredger

The Maldives Transport and Contracting Company (MTCC) has revealed plans to purchase a US$36 million land reclamation dredger, reports local media.

According to Vnews, the purchase of the dredger would make it the biggest and most expensive to be operated locally in the Maldives.

MTCC CEO Ibrahim Abdul Razzaq told Vnews that the dredger is a ‘hopper suction dredger’, which would be capable of reclaiming one hectare in just two days.

“This is an investment to ease the land reclamation projects done in the Maldives,” said Ibrahim. “We are currently talking with Holland’s IHC Company regarding the purchase, the dredger will be designed to be suitable for Maldives.”

Source: Vnews