Commercial ports are vital to boosting the economy, says Pres

President Ibrahim Mohamed Solih on Saturday stressed the importance of commercial ports to the economy, citing that they are the cornerstones of most economic activity in any country. He made the remarks while speaking at the event commemorating the 36th anniversary of Maldives Ports Limited (MPL).

The administration is making numerous efforts to develop ports across the country to diversify and stimulate economic activity. Noting that the completion of port expansion projects in Kulhudhuffushi City and Hithadhoo Island in Addu City will help goods traffic and cargo distribution in these regions, the President noted that on Thinadhoo Island in Gaafu Dhaalu Atoll a port development project is underway.

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The President also reported on the Administration’s latest efforts to resolve the space restrictions affecting the operations of Male’ Commercial Port. Land reclamation as part of the port relocation project to Gulhifalhu Island has been partially completed.

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The President stated that the services of MPL will be strengthened and expedited by moving the commercial port from Malé to Gulhifalhu Island in addition to the North and South Ports. Warehouses in Malé will also be relocated to Gulhifalhu as part of the project.

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President Solih further said that MPL is preparing to launch new services with the completion of the bulk terminal on Thilafushi Island. The terminal will have facilities for importers of raw materials from the construction sector. The President stated that the Port Shifting Project would reduce industrial activities in Malé, help alleviate congestion and allow for the land’s repurposing.

The President also thanked MPL’s dedicated and hard-working staff. He said the government had held discussions with MPL management about staff concerns about the MPL housing project and he expected a positive solution.

In conclusion, the President expressed hope for the success of the government’s efforts to accelerate economic growth, diversify the economy and increase the nation’s prosperity and prosperity.

The President also presented 12 MPL employees with long service awards and received a model of the port as a token of recognition. The ceremony also included the launch of the port community fund, job portal, employee mobile application and grant awards.

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