Fushidhiggaru Lagoon
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ReportFact check: No land for additional housing beyond the 15000 plots
President Muizzu claims that granting half of Rasmalé to a developer won't impact housing pledges. However, fact-checkers state this is false, as the remaining 510 hectares are insufficient to fulfill the promised 65,000 units. The project requires over 1,000 hectares to meet the government's original housing targets.
NewsRasmale' deal grants foreign owners indefinite control over land
The Maldivian government has granted 500 hectares of reclaimed land at Rasmalé to a UAE firm under terms that allow for indefinite foreign control. While officially a 99-year lease, the contract resets the term upon sale or inheritance. This ensures the property remains in foreign hands for generations without any lease or acquisition fees.
