Port Complex

Maldives Ports Limited (MPL) invites qualified and experienced financiers, developers, and contractors to reach out with their interest and credentials for potential collaboration on the development of the Port Complex in Malé, Republic of Maldives. MPL is open to engaging with suitable partners to explore flexible and innovative financing structures tailored to the scale and scope of the project.

Executive Summary

PortComplex Port Project

    Maldives Ports Limited (MPL) plans to transform its underutilized Port Complex into a vibrant, mixed-use Lifestyle Hub. This iconic development will integrate retail, commercial, residential, health & wellness, and entertainment spaces, generating substantial new revenue streams for MPL while significantly enhancing the surrounding urban area. The design blends modern architecture with traditional nautical elements, prioritizing sustainability and energy efficiency. The project is expected to be completed within two years, creating a dynamic community hub and boosting the Maldivian economy.

Investment Highlights

Addu Port Project
  • Prime Urban Location:The project benefits from a highly desirable location in Malé, offering exceptional accessibility and visibility. This ensures high demand for retail, commercial, and residential spaces.
  • Mixed-Use Development:This integrated approach mitigates risk by generating revenue from multiple sources (retail, commercial, residential, entertainment, etc.), creating a resilient and robust financial model.
  • High-Demand Amenities:The Lifestyle Hub will feature a retail megamall, a business and commercial center, luxurious residential apartments, a health and wellness center, diverse dining options, communal spaces, and an entertainment zone (multiplex cinema and performance spaces). This diverse range of amenities will appeal to a broad market, maximizing occupancy rates.
  • Sustainability and Energy Efficiency:The design prioritizes sustainability, incorporating green spaces, renewable energy sources, and energy-efficient building technologies, appealing to environmentally conscious investors and residents.
  • Significant Economic Impact:The project will create numerous jobs in construction, operation, and tenant businesses, contributing significantly to economic growth of Malé.
  • Strategic Alignment with MPL's Growth:The Port Complex Redevelopment project strengthens MPL's financial position while supporting its broader strategic objectives.

Project Specifications

Addu Port Project
  • Building Design:The design seamlessly blends modern architecture with traditional nautical elements, creating an iconic and visually appealing structure. The building will consist of 25 floors on 20,000 square feet of land.
  • Key Components:
    • Hotel
    • Serviced Apartments
    • Leased Food & Beverage Outlets
    • Common Facilities
    • Cinema
    • Shopping Outlets
    • Parking
  • Sustainability Features:The design incorporates green spaces and utilizes renewable energy sources.
  • Construction Timeline:The project is planned for completion within two years.

Infrastructure Overview

Addu Port Project
  • Plot Area:20,000 sqft
  • Build-up Area:19,699 sqft
  • Floors:25 Floors

Contact Us

For more information contact us at business@port.mv