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The 5 resort being built with adjoining regional airports would be operational in 2 years, Tourism Minister Dr. Shougee has been quoted as saying in media reports.

The regional airports would be built on Funadhoo (Sh), Kuda Huvadhoo (Dh), Thimarafushi (Thaa), DhiguRah  (GA) and Gadhoo (Gdh).
A new consortium, Airports Investment Ltd, is responsible for developing the airport/resort projects.
 

The Ministry of Tourism revealed that while one of the islands recently leased for tourism development, Alidhoo in Haa Alif Atoll, had been completed and is now in operation, two more resorts could open later this year.

The 600 bed resort on the island of Herethere in Addu Atoll was 75% complete and 70% of work on the island of Manaafaru was complete, the Tourism Ministry said.
The Ministry said that work was progressing well on the island of Villingili, also in Addu Atoll, while development of other islands was in different stages of completion.

About 40 new tourist resorts and hotels are to be built in the Maldives over the next 3 years.

Discussions have been held the Ministry of Tourism and the travel industry on the classification and visit of what has been called luxury foreign yachts to the Maldives.

The Tourism Ministry has said that a Regulation on the visit of foreign tourist vessels has now been formulated and would come into effect on the first of August.
The Regulation would be discussed with the public before it came into effect, the Ministry said.

The Cabinet has recommended to the President to submit to Parliament the second amendment to the Maldivian Tourism Act.

The revision of the law is see a  to better facilitate and provide incentives to investors in the tourism industry in view of high volumes of investment in the industry, media reports quoting official sources said.
The present Tourism Act was passed in 1999.
 

Domestic carrier, Island Aviation Services (IAS), has acquired a 50 seat Dash 8 aircraft, expected to be in service by October this year.

The agreement for the supply of the aircraft was signed between IAS and a Norwegian firm on Thursday.
The new addition to the IAS fleet is to cost Rf 105 million and would not be much different to the 37 seat Dash 8 being operated by the company now, media reports revealed.
IAS said the aircraft would serve the domestic air routes but could fly between India and the Maldives when that sector is approved.
 

Notification of Award has been served on the winner of the international tender for the development of a tourist hotel on the regional airport island of Kaadehdhoo, the Tourism Ministry revealed.

Mr. Abdulla Niyaz who won highest points for his bid for the facility is required to pay within 14 days to the government 15% of the proposed lease rent for 10 years, about US$ 3 million.
Mr. Niyaz proposed a lease rent of US$ 20,282,760 for 10 years.
The terms of the Bid also require the winner to provide the government a performance security of US$ 2 million within the same period.

Regent Resorts will develop a 50-villa luxury resort on the 8-hectare island of Maalefushi in Thaa Atoll, Maldives, a media report quoting Carlson Hotels Worldwide said.

Carlson Hotel said that the Regent Maldives will feature 23 beach villas, 27 over-water villas including 2 Presidential villas, all with private plunge pools.
The Regent will also offer a 850 square-metre spa and a 38 meter infinity pool on the beachfront, among other facilities.
The Regent project is a partnership between Carlson Hotels and Maalefushi Investment Co, based in the Maldives.
It is expected to open late 2008, reports said.

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