Rasmalé deal: Adhaalath and Salaf launch reviews

A week after the government announced plans to lease part of Rasmalé to a foreign company for 99 years, the Adhaalath Party and Jamiyyath Salaf have said they are reviewing the deal to determine whether it raises any concerns.

Of the 1,010 hectares being reclaimed under the Rasmalé project, 500 hectares have been given to UAE-based company Eagle Hills. The company has already started marketing apartments designed to grant permanent residency to wealthy foreigners.

According to a post on X by Salaf spokesperson Hassan Fikuree, the organisation is studying the project by gathering information from relevant government offices and other sources, as concerns about it continue to surface.

Adhaalath Party spokesperson Hussain Ansar said the party is collecting information on the Rasmalé project, the residency visa scheme, and the township programme. He added that once accurate information is received from the government, any concerns will be submitted to the relevant institutions to seek a resolution.

The agreement handing Rasmalé to Eagle Hills was signed last Monday. Although the full details have not been disclosed, the government has confirmed the land was given for 99 years without any lease fee or rent. The government says the land was granted under the same principles used for resort development and that the project will bring revenue to the Maldives, but critics say the legal basis for the allocation remains unclear.

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