Public project
- Planned
- Under construction
- Open
- Started
- Tender reopened 6 Aug 2026
- Expected
- Bids due 23 Nov 2026
Ministry of Tourism and Aviation tender (IFB (IUL)88-PS/88/2026/144): 50-year lease, minimum lease acquisition cost USD 1 million, at least 36 months to build.
About
Nalandhoo is an uninhabited island of about 64 hectares in Shaviyani Atoll, in the Milandhoo constituency, set aside by the government for a tourist resort of at least 200 beds. For many years it was leased for sea cucumber farming. The government took it back in 2021, first put it out to tender for a resort in 2023, and reopened the tender in August 2026, with bids due on 23 November 2026. The winning bidder gets a 50-year lease and at least three years to build.
Key facts
- Island size
- 63.99 hectares1
- Beds
- At least 2001
- Lease
- 50 years1
- Time to build
- At least 36 months from signing1
- Minimum lease cost
- USD 1,000,0001
- Proof of funds needed
- USD 10,000,0001
- Bid security
- USD 50,0001
- Bids due
- 23 November 2026, 11:002
Timeline
Island timeline- 2026
-
23 November 2026Planned
Bids due
Bids for the Nalandhoo resort close at 11:00 on 23 November 2026, at the Ministry of Tourism and Aviation.
gazette.gov.mv - Now
- 2026
-
6 August 2026· 3 months ago
Resort tender reopened
The Ministry of Tourism and Aviation reopened the tender for a resort of at least 200 beds on Nalandhoo: a 50-year lease, at least 36 months to build, a minimum lease acquisition cost of USD 1 million and proof of USD 10 million in funds. Bids are scored 90% on the price offered and 10% on a contribution to the Tourism Trust Fund's training fund.
gazette.gov.mv - 2023
-
21 August 2023
First resort tender
The Ministry of Tourism invited bids (IFB (IUL)88-PS/88/2023/62) to lease Nalandhoo and Ha. Medhafushi for resorts. Nalandhoo: 63.99 hectares, at least 200 beds, a 50-year lease, at least 36 months to build, a minimum lease cost of USD 1 million due within 60 days of the award, and proof of USD 10 million in funds. A pre-bid meeting was held on 30 August, and bids were due by 10:00 on 21 September 2023.
milandhoo.net - 2021
-
3 February 2021
Government to take the island back
The Fisheries Ministry, which had leased Nalandhoo long-term, said the government would take it back for state use, together with Hd. Hondaidhoo and N. Minaavaru, and sought a valuation audit of the investments made on the islands. It re-advertised the audit in March 2021, giving priority to bidders from the region.
gazette.gov.mv
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