Ministry of Tourism
Maldives
First Amendment to the IFB & ITB of the Bidding Document for the Lease, Development, Operation and Management of Tourist Resorts

ANNOUNCEMENT

 

The following amendment is made to the Bidding Document for the Lease, Development, Operation and Management of Tourist Resorts pursuant to the Invitation for Bids (IFB) number (IUL)88-PS/88/2021/36 dated 14th April 2021 and Instruction to Bidders (ITB).

  

The Lease Acquisition Cost (LAC) (Detailed under Clause 5 of the IFB & Clause 3.5 of the ITB in the Bidding Document) of the proposed islands are to be revised as follows, to boost investor interest and confidence, considering the current investment climate.

 

 Clause 5 of the IFB & Clause 3.5 of the ITB states:

 

“The Bidder is required to propose an amount of no less than below specified amounts which shall be paid to the Government as the lease acquisition cost (hereinafter referred to as the “LAC”) of the Islands, to be paid, on or before 60 (Sixty) days from date of the Letter of Award for the acquisition of the leasehold rights of the islands (hereinafter referred to as the “LOA”).”

 

No#

Atoll

Island name

Est. Size (Ha)

 

 

Minimum LAC (Revised)

1

Haa Alif

Velifinolhu

4.1

420,000

2

Haa Alif

Alidhuffarufinolhu

3.00

350,000

3

Haa Dhaal

Kudafarufasgan’du

1.20

210,000

4

 

Meemu

Seedheehuraa

1.28

875,000

Meemu

Seedheehuraa Veligan’du (with Seedheehuraa)

3.00

5

Meemu

Maausfushi

10.40

1,575,000

6

Thaa

Kaaddoo

3.9

700,000

7

Thaa

Kanimeedhoo (10 Hectares from the North)

10.00

1,050,000

8

Thaa

Olhufushi

3.00

700,000

Olhufushifinolhu (with Olhufushi)

0.54

9

Laamu

Kashidhoo

3.1

700,000

10

Laamu

Bodumun’yafushi

3

700,000

11

Laamu

Dhonberahaa

1.44

525,000

Holhurahaa (with Dhonberahaa)

0.6

12

Gaaf Alif

Maarehaa

17.00

1,400,000

13

Gaaf Alif

Funadhooviligilla

5.00

700,000

14

Gaaf Dhaal

Kan’dahalagalaa

7.4

875,000

15

Gaaf Dhaal

Kadevaarehaa

4.3

700,000

Dhigurehaa (with Kadevaarehaa)

2.1

16

Gaaf Dhaal

Fereythaviligilla (as a cluster)

1.4

700,000

Dhekaan’baa (with Fereythaviligilla)

2.39

Koderataa (with Fereythaviligilla)

2.5

island on coordinate number 0°22’12.86”N 73°1’28.98” E

2.97

 

22 May 2021
ހޯދާ