Buruni to lease land for tuna and reef fish businesses

Th. Buruni has decided to lease plots of land for tuna and reef fish businesses.

The Buruni Council stated that three plots of land from the vacant area west of the land leased to Z.I.L Investment for fish cooking and drying—located west of Naibukaleyfaanu Magu adjacent to the current frigate tuna catching area west of the island's harbour zone—have been designated to be leased for tuna and reef fish businesses, fish cooking and drying, fish salting, and other fisheries-related activities.

The 3,000 square feet plots will be leased for a maximum period of five years, with the lowest proposed rent set at 0.15 Laari per square foot.

Interested parties have been given the opportunity to register from yesterday until May 12. The council stated that the opportunity is open only to parties registered under the Sole Proprietorship Act and the Business Registration Act.

Information regarding this will be available until 13:30 on May 13, and the bid opening will be held at 13:30 on Thursday, May 16, 2024, in the meeting hall of the Buruni Council Secretariat, according to the council.