Public Information
Number: (IUL)101-IM/PRIV/2025/1
Published Date: 08 Jul 2025
Published Time: 10:29
Deadline: 07 Aug 2025 00:00
Ministry of Economic Development & Trade
Maldives
Request for Expression of Interest (REOI): Laamu Fonadhoo Port and Bunkering Project

Request for Expression of Interest (REOI): Laamu Fonadhoo Port and Bunkering Project

 

The Government of Maldives invites qualified and reputable investors to participate in a consultative dialogue regarding the Laamu Port and Bunkering Project — a strategic initiative of the Government of Maldives located in Laamu Atoll, adjacent to the One-and-a-Half Degree Channel, a major maritime route in the central Indian Ocean.

This initiative aims to capitalize on regional maritime traffic by exploring the development of a multi-purpose port and associated bunkering and maritime services infrastructure.

 

Objective of the REOI:

This REOI is intended solely for consultation purposes and does not constitute a solicitation for bids or proposals. The primary objectives are to:

  • Gauge private sector interest in the project concept
  • Receive feedback on commercial feasibility and potential revenue models
  • Consult on suitable business structures (e.g., PPP, BOT, concession models)
  • Invite suggestions on complementary developments that strengthen the core maritime function (e.g., logistics hubs, vessel repair facilities, yacht support services)

 

Preliminary Project Components:

The project concept currently envisions the following key components:

  • Deepwater Port to serve cargo, tanker, and service vessels
  • Bunkering Services and fuel supply for transiting vessels
  • Fuel Storage Infrastructure, including onshore and/or floating tanks
  • Marine Support Infrastructure
  • Service Quay and Breakwaters for all-weather port operations
  • Reclaimed Operational Land for logistics, utilities, and service facilities

 

Next Steps:

Interested parties are requested to submit an Expression of Interest. The Government will reach out to parties expressing interest in consultation sessions, during which investors can:

  • Present their preliminary insights
  • Discuss possible scope adjustments
  • Suggest alternative or complementary development options
  • Feedback from consultations will be supplemented by independent advisory assessments commissioned by the Government to evaluate potential business models, financial viability, and structuring options.
  • Subject to outcomes of the consultative process and advisory findings, a formal solicitation process may be launched to solicit investors/partners for the project.

 

 

Submission Requirements:

The EOI submitted shall consist of the following:

a. Name, address, telephone number, email address of the applicant

b. Details of the individual firm, company, or consortium, including company profile, expertise and resource capacity.

c. Contact person with designation

d. Brief background and profiles of previous similar projects undertaken.

e. Applicant may submit the following details:

  • Potential scope the applicant proposes for the project.
  • Commercial and economic activities that may be explored at the location.
  • Any concerns or issues the applicant foresee regarding the project.
  • Any suggestions relating to structuring of the project.

 

Submission Instructions

  • Deadline for Submission of EOI: 7th August 2025
  • Mode of Submission: Electronic (PDF format)
  • Email: [email protected]

 

For further information or clarifications, please contact:
Ministry of Economic Development and Trade
Email: [email protected]

Telephone: 3333183

 

                                

08 Jul 2025