The Maldives’ economy is on the right track with major progress to the construction industry, said Maldives Association of Construction Industry (MACI)’s president Ali Janah on Wednesday.
Speaking at the inauguration of MACI’s annual Build and Home Expo, Janah remarked that economic progress is currently proceeding in the fastest possible way.
“Major ventures have been started with sovereign guarantee. Most of the projects are underway. We believe that [the current economic standing] is the best way for quicker development,” said Janah.
He stated that the construction sector will always be a partner to the nation’s development. Indicating one of the largest projects put into motion by the government, constructing a bridge to connect capital Male with island airport Hulhule, Janah said that should the project succeed, the Maldives will see more bridges coming into existence all around.
Speaking at the ceremony, housing minister Dr Mohamed Muizzu said the expo will showcase the latest progress and developments to the Maldives’ construction industry. Highlighting the opportunities available in that sector, the minister also announced that a bid will be opened seeking parties interested in the ready mix concrete work of the reclaimed industrial village being developed in the southern side of Male.
The three-day expo held at Dharubaaruge convention centre was inaugurated by President Abdulla Yameen Abdul Gayoom. MACI had awarded its highest honour to the president during the ceremony.