The government today awarded a contract to a private company for MVR 127 million to build a modern new market on the land where the Malé Local Market is currently located.
In a statement issued by the Ministry of Construction, it said that an agreement has been signed with TrustEng Maldives Private Limited for the market project, named the "Malé Wet Market Complex," to be built on the site where the Local Market currently stands.
The agreement was signed on behalf of the Ministry by Permanent Secretary Mohamed Shamil. Managing Director Mohamed Abdul Hadi signed on behalf of TrustEng Maldives Private Limited.
Project Details
- The work was awarded to be completed within one year and six months.
- The total price of the project is MVR 126,359,594.94.
- Under this project, a six-story Wet Market Complex will be built. While the basement is dedicated to parking, the ground floor will house the fish market. The first three floors are dedicated to the vegetable market, while the fourth floor will operate a food court.
The Ministry also released model drawings showing the design of the market today.
At a meeting held in December last year at Kalaafaanu School hall to meet with the residents of Henveiru, President Dr. Mohamed Muizzu stated that the work on the new market is being carried out with free aid from the Japanese government. The work to build a new fish market, which began while he was the Mayor of Malé, had been halted for various reasons.
The President said the new fish market will be built as previously planned on the land where the Local Market is currently located.
According to the President, plans are also underway to build a new building at the site where the fish market is currently located, in a way that provides office space for companies and associations involved in the fishing industry.
When President Muizzu was Mayor, preparations were made to start work on a modern fish market in Malé. Even then, the plan was to vacate the land where the Local Market currently operates and build a four-story building there. Following that, the Travelers' Market and the fish market would also be relocated to the new building.
