The Secretariat of the Thimarafushi Council in Kolhumadulu (Thaa Atoll) has opened bidding to lease commercial land plots for the development and operation of boatyards, according to an official council announcement.
Under the Thimarafushi Land Use Plan, two land plots measuring 6,000 square feet each (Plots 68.3) within the designated boat building and repair industrial zone are available on a 30-year lease, with a minimum starting bid rate set at MVR 0.80 per square foot, as outlined in the council's notice.
The bidding opportunity is open to registered companies and sole proprietorships under the Business Registration Act, with a non-refundable registration fee of MVR 500 required by the council.
Bid registration is open from August 30, 2026, to September 6, 2026, between 09:00 and 13:00 on working days at the council office or via email at procurement@thimarafushi.gov.mv, as stated in the announcement.
An information session will take place at the Thimarafushi Council Meeting Hall on Monday, September 7, 2026, at 11:00 AM, followed by bid submission and opening on Tuesday, September 15, 2026, at 11:00 AM at the same location, according to the Thimarafushi Council.
