Government’s new decision on MACL Seaplane Terminal will save state over MVR 1 billion a year

The ACC Report regarding the TMA-MACL issue has revealed attempts of corruption by the previous government.

The previous Government’s deal proposed leasing 31000 sqm to TMA for 15 years and was discussing a reduced rate of $7/sqm.

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President Solih has proposed to lease 6400 sqm at $10.35/sqm for 2 years, after which MACL will take over operations.

MACL is to complete all preparations to become the sole operator of the seaplane terminal within 2 years.

AG Hassan has confirmed that President Solih’s decision to lease the terminal to TMA for 2 years is legally sound and effective.

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