Youth City – Minivan News

President Yameen calls on youth to relocate to Hulhumalé

President Abdulla Yameen has called on the residents of islands with small populations to migrate to the new youth city to be established in Hulhumalé, stating the government is unable to meet the socio-economic needs of small islands.

Speaking at a ceremony to inaugurate the second reclamation phase of Hulhumalé on Thursday (January 15), Yameen assured youth the government would provide better living conditions and job ‎opportunities in Hulhumalé.

“The government is finding it difficult to cater to the economic and social needs of small islands. We have to meet human needs such as constructing harbours, establishing schools and hospitals, reclaiming land, transport systems, and so much more. It is not easy for the government to do this,” he said.

Although the government would facilitate relocation, migration would not be compulsory, he said.

“It may be a very beautiful island, but there is not much we can do for an island with 200 people, 300 people, or 400 people.”

In November the Majlis’ budget committee passed a proposal requiring the government to formulate a master plan for population consolidation, while the Maldives Monetary Authority recommended such a policy in order to “reduce state expenditure and provide services to the public in a sustainable way”.

With the completion of the second phase of Hulhumalé development, the government hoped to increase the population on the artificial island from 40,000 to 220,000, and increase the population of the Malé region to 400,000, the president said.

According to the 2014 census, the population of the Maldives stands at 341,256. Of this, 133,019 people live in Malé.

The second phase involved reclamation of 240 hectares of land and is expected to be completed within two months. The US$50 million project was awarded to Belgium’s Dredging International NV.

Yameen said on Thursday evening that the government would begin work on a bridge connecting Malé and Hulhumale this year, and will also improve ferry services.

The president has previously pledged to establish a ‘technopolis park’, entertainment, and sports facilities, and facilities for tourism and fisheries industries. Hulhumalé Development Corporation officials have also said phase two of the project will feature a monorail to Ibrahim Nasir International Airport.

Yameen said he had received a petition signed by 85 percent of residents in Vaavu Atoll Fulidhoo Island requesting relocation.

To facilitate economic activity and ease population pressure, the government will allow buildings to be built as high as 25 stories in Malé and Hulhumalé, the president added. Studies have shown the land in Malé to be strong enough, he said.

At present, buildings in Malé can be constructed to a maximum of 15 stories.

Yameen also pledged to ban traffic in narrow lanes in Malé in order to ease congestion and to allow space for children to play.

Speaking at the ceremony, tourism minister Ahmed Adeeb said Yameen is the only political leader in the country with the courage to provide opportunities for youth.

The government will develop the northern and southern regions through the Special Economic Zone Act, pledged Adeeb.

The road development project in Laamu Atoll, the airport in Kulhudhuffishi and the I-Havan port in Haa Alif will create more opportunities for the youth, he said.

Related to this story

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Minister reveals foreign investors’ interest in youth city project

Youth Minister Mohamed Maleeh Jamal has revealed that investors from four countries have shown an interest in the Hulhumalé youth city project.

Speaking with Haveeru, Jamal said that companies from Austria, China, Malaysia, and Thailand had made enquiries regarding the development, pitched to the international business community during April’s Singapore investment forum.

“We have received very good proposals. A lot of foreign investors are interested in this project. We can go forward with the Youth City project as soon as Hulhumale land reclamation is complete as per the second phase,” Jamal told Haveeru.

The deal to reclaim land to the north of the artificial island was finalised with Belgian company Dredging International last week, which is expected to have more than doubled the size of the Malé suburb by next February.

A flagship programme in President Abdulla Yameen’s development policy, the youth city is projected to have a population of 50,000.

The project is reported to involve youth-specific housing, international class sports facilities, a theme park, yacht marina, and a tourism district.

Last month, the government revealed that three Chinese companies had expressed interest in the ambitious bridge project designed to link Hulhumalé the crowded capital island of Malé.

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Agreement signed for Hulhumalé phase two reclamation project

A framework agreement was signed between the Housing Development Corporation (HDC) and Belgian company Dredging International N.V. on Thursday (July 17) for the US$50 million Hulhumalé phase two reclamation and coastal protection project.

Managing Director Suhail Ahmed signed the agreement on behalf of HDC while Amedeo Peyron, resident manager for the Indian subcontinent, signed on behalf of Dredging International N.V.

Speaking at a ceremony held in Nasandhura Palace Hotel, Suhail explained that a US$30 million loan facility from the Bank of Ceylon and US$20 million from the HDC’s reserves would be used to finance the project.

“Bank of Ceylon has given assurances of providing the loan for this project. So we will be able to begin the project in the next month or so,” Suhail said.

While the dredging and reclamation work would be completed by February 2015, Suhail said the coastal protection work would be completed in December 2015.

HDC revealed last month that the project involves reclamation of 240 hectares of land “with a target population of 100,000 people.”

The corporation said in a press release that development plans for the fully reclaimed artificial island includes residential developments, a business district and “commercial spine,” a light industrial park, a yacht marina and cruise terminal, a knowledge and technology park, a heritage island a tourism district.

“Both Hulhumalé Phase I & Phase II developments are planned in line with the government’s overall vision to bring sustainable youth related developments,” the press release stated.

Dredging International also carried dredging and land reclamation in phase one of the Hulhumalé development project.

Reclamation in the second phase will expand the size of the artificial island from 188 hectares at present to 410 hectares.

According to the company’s website, Dredging International NV was established in 1974 and specialises in “the construction and development of harbours, artificial islands, estuarial dams, canals and inland waterways, dyke construction and reinforcement, beach replenishment and coastal protection, supply of dredged aggregates and salvage activities.”

Developing a ‘youth village’ in Hulhumalé with a population of 50,000 was a key campaign pledge of President Abdulla Yameen.

Speaking at a ceremony in Thulusdhoo in May, President Yameen said the government’s objective was to relocate people from small islands in the atolls to Hulhumalé.

Economic opportunities in small islands were limited due to their size and isolation, he added.

The government hoped youth from smaller islands would migrate to Hulhumalé as well as other islands selected for land reclamation, Yameen said.

In April, Yameen said the HDC’s development plans were being revised to achieve the new administration’s goals.

The vision for the youth city includes a “technopolis park” as well as entertainment and sports facilities, he said, in addition to facilities for the tourism and fisheries industries.

Meanwhile, in February, Economic Minister Mohamed Saeed pledged that the Malé–Hulhulé bridge project – which he described as “iconic for the whole region” – would be completed in two years.

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Dredging International NV awarded US$50 million Hulhumalé reclamation project

A US$50 million contract for dredging and reclamation work in Hulhumalé has been awarded to Belgian company Dredging International NV, the Housing Development Corporation (HDC) has announced.

HDC revealed in a press release today that the letter of award to carry out the project was issued to the company yesterday (June 18) following discussions with the government.

“The project work will commence within a period of two months and the reclamation works is estimated to be completed within a period of seven months,” read the press release.

“It is estimated that the Hulhumalé Phase II reclamation and coastal protection work will be completed by the end of December 2015.”

Phase two of the Hulhumalé development project involves reclamation of 240 hectares of land “with a target population of 100,000 people,” HDC explained.

According to the corporation, development plans for the fully reclaimed artificial island includes residential developments, a business district and “commercial spine,” a light industrial park, a yacht maria and cruise terminal, a knowledge and technology park, a heritage island a tourism district.

“Both Hulhumalé Phase I & Phase II developments are planned in line with the government’s overall vision to bring sustainable youth related developments,” the press release noted.

HDC Managing Director Suhail Ahmed told local media this week that the government was seeking a loan from the Bank of Ceylon (BOC) to finance the second phase of the Hulhumalé development project.

Suhail said HDC was “going through the terms of the loan deal” and “assessing all conditions,” adding that the project would likely be state-financed.

“Youth village”

Phase two of the Hulhumalé development project was among five mega-projects pitched to international companies at an investor forum held last April in Singapore.

While the dredging project was “conditionally awarded” to Dredging International NV in July 2013, the company withdrew due to financial constraints.

Developing a ‘youth village’ in Hulhumalé with a population of 50,000 was a key campaign pledge of President Abdulla Yameen.

Speaking at an inauguration ceremony for a land reclamation project in Thulusdhoo last month, President Yameen said the government’s objective was to relocate people from small islands in the atolls to Hulhumalé.

Economic opportunities in small islands were limited due to their size and isolation, he added.

The government hoped youth from smaller islands would migrate to Hulhumalé as well as other islands selected for land reclamation, Yameen said.

In April, Yameen said the HDC’s development plans were being revised to achieve the new administration’s goals.

The vision for the youth city includes a “technopolis park” as well as entertainment and sports facilities, he said, in addition to facilities for the tourism and fisheries industries.

“The youth village will not involve only housing [projects]. It will also include other projects related to the youth village such as the creation of light industries to provide job opportunities, as well as arrangements for food and beverages required by modern youth and restaurant facilities for [fast food],” he said.

Yameen also revealed last month that the government planned to tender the the Malé–Hulhulé bridge project in early June.

“God willing, before the end of the first two weeks of June, we will tender the bridge project. With that, additional studies needed for the project – that is the direction and extent of ocean currents – will be undertaken by the party awarded the tender,” he explained.

In February, Economic Minister Mohamed Saeed pledged that the Malé–Hulhulé bridge project – which he described as “iconic for the whole region” – would be completed in two years.

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Government exploring options for Hulhumalé reclamation project

The government is exploring options to commence the second phase of the Hulhumalé development project in the near future with Netherland’s Royal Boskalis Westminster a possible partner for the land reclamation component, Housing Development Corporation (HDC) Managing Director Suhail Ahmed has said.

Speaking to reporters yesterday (May 12) following activities to celebrate the 10th anniversary of Hulhumalé being declared an inhabited island, Suhail noted that a Boskalis dredger was currently in the Maldives.

“So that is also an option the government is considering that I know of. We are considering all options. [But] at the moment it is difficult to give a date,” Suhail said.

Boskalis has recently been accused of committing “serious environmental crimes” in the Maldives by a local environmental NGO after the Environment Protection Agency (EPA) found that regulations were violated in the Baa Eydhafushi reclamation work.

Boskalis was awarded a US$37 million four-island reclamation project by the government this year. The company has reclaimed 20 hectares in Dhaalu Atoll Meedhoo in March and 33 hectares in Baa Atoll Eydhafushi last week.

Work is ongoing on Kaafu Atoll Thulusdhoo while a date for reclamation in Dhaalu Atoll Kudahuvadhoo has not yet been announced.

Meanwhile, in January, HDC accepted bids from six companies – including Boskalis – for the second phase of the Hulhumalé development project, which involves reclaiming 230 hectares of land for development of further residential and commercial properties.

While the population of the artificial island is presently 30,000, Hulhumalé’s capacity is expected to increase to 100,000 with the completion of the second phase.

In July last year, HDC “conditionally awarded” the US$60 million reclamation project to Belgium-based Dredging International. The company however withdrew due to financial constraints.

Housing Minister Dr Mohamed Muiz told local media this week that the government hoped the reclamation project could commence in July with a decision by the Economic Council expected in the next two weeks.

“Youth village”

Developing a “youth village” in Hulhumalé with a population of 50,000 was a key campaign pledge of President Abdulla Yameen.

Speaking at an inauguration ceremony for the land reclamation project in Thulusdhoo earlier this week, President Yameen said the government’s objective was to relocate people from small islands in the atolls to Hulhumalé.

Economic opportunities in small islands were limited due to their size and isolation, he added.

The government hoped youth from smaller islands would migrate to Hulhumalé as well as other islands selected for land reclamation, Yameen said.

In April, Yameen said the HDC’s development plans were being revised to achieve the new administration’s goals.

The vision for the youth city includes a “technopolis park” as well as entertainment and sports facilities, he said, in addition to facilities for the tourism and fisheries industries.

HDC meanwhile organised an informal function yesterday to celebrate the 10th anniversary of Hulhumalé’s habitation with a parade and children’s activities.

Hulhumalé schools and service providers participated in the activities.

HDC MD Suhail told the press that a formal event is being planned for a late date, which would recognise the contribution of various parties to the island’s development.

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President reveals vision for foreign investment at Hulhumalé project launch

President Abdulla Yameen inaugurated a project yesterday for the construction of 3,000 housing units in Hulhumalé by a joint venture company, Sealife Global Inc – formed by two Dubai companies with a local partner.

Speaking at the groundbreaking ceremony, President Yameen said his administration’s vision was to develop a “youth village” in Hulhumalé with a population of 50,000 people.

Yameen said he hoped the government would be able to realise this vision during its five-year term.

During the launch, Yameen also outlined his vision for “freeholds” for foreign investors who will feel the Maldives to be a “second home” in which to conduct long-term projects.

The vision for the youth city meanwhile includes a “technopolis park” as well as entertainment and sports facilities, he said, in addition to facilities for the tourism and fisheries industries.

The government would also prioritise the inclusion of housing projects in Malé and Hulhumalé as the corporate social responsibility (CSR) component when leasing islands for resort development, Yameen said.

Hulhumalé will become “a paradise on earth” for migrants from across the country, he said.

The construction of a bridge between Malé and Hulhumalé would further open up economic opportunities in the reclaimed island city, Yameen said.

In February, Economic Development Minister Mohamed Saeed pledged to complete the bridge project in two years.

Plans of the Housing Development Corporation (HDC) for the second phase of Hulhumalé development were also being revised to achieve the new administration’s goals, Yameen said, which included providing affordable housing to residents of the capital without adequate shelter.

“Any government upon assuming office will attempt to make the best use of a country’s resources. Everything is subject to change. Charts will change when they are redrawn,” he said.

The 243 flats – ranging from one to four bedroom apartments – to be constructed in the first phase of the new project will be targeted to mid to high-income families, explained Sealife Global’s Managing Director Ahmed Moosa.

The six towers or 10 to 12-storey buildings will include other facilities and services such as a swimming pool and gymnasium, he added. The joint venture company would also construct a 12-storey office complex on the site.

“Adventurous path”

Addressing foreign guests in English, President Yameen said he was pleased to “see you actively engaged in our socio-economic development.”

“I hope this project is going to be rewarding in terms of both profitability as well as catering to the need of the Maldivian people,” he added.

The government was committed to “improving the well-being of Maldivian youth,” he continued, adding that youth were presently deprived of the “opportunity to be gainfully employed and also the opportunity of shelter.”

The government therefore welcomes any project that caters to these “dual needs,” he said.

“We are embarking on a very adventurous path at this point in time,” he said, noting that economic development was essential for maintaining the current environment of peace and stability.

“What we would like to confirm for the foreign investors who come to the Maldives is that foreign investors should feel that Maldives is your second home here,” he said, adding that “a landmark law” will be passed in the next Majlis to strengthen the foreign investment regime.

“We are going to open up the Maldives in a huge way to foreign investors. Our thirst cannot be quenched. The opportunity to foreign investors is going to be enormous. So have faith and trust in us,” Yameen said.

Legislation will also be proposed to the next parliament to create special economic zones, he continued, which would be “likened to cities in Dubai or the Emirates” and “the [business] environment we have in Singapore.”

The new laws would enable investors to have “freeholds” in the country and allow investors “to engage in really, really long gestative projects,” he said.

Yameen assured foreign investors that “your money is safe with us.”

“So I reach out to proprietors and investors in Dubai, in Abu Dhabi, in Qatar and also the Emirates – please, here you have an island, here you have a country where you can invest and where you can be content with your investments,” he said.

“We are embarking on an era of growth,” he said, adding that 52 percent of the country’s population was comprised of young people.

Yameen noted that Hulhumale’ was a vision of former President Maumoon Abdul Gayoom.

“He wanted to find breathing space for the overly congested people in Malé. Nobody at that time would have thought that Hulhumalé is going to be the city it is now. There is tremendous opportunity in Maldives and there is tremendous love in us for the Arab-Muslim entrepreneurs. So please come and invest in the Maldives,” he entreated.

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