A mega-project in the Maldives will see the construction of Emboodhoo Lagoon – a multi-island facility with the goal of making the Maldives the leading destination in the Indian Ocean.
The ‘one-stop world destination’ will be developed and managed by Thailand-based company Singha Estate, in partnership with Café Del Mar from Ibiza, and Hard Rock International Hotel Group. The first stage of the US$311.5 million development will encompass a three-island resort concept with a Township at its core.
The facility will offer hotels, food and beverage options, a yacht marina, retail outlets, entertainment, and a host of recreational experiences. When finished, the project will incorporate nine islands and consist of 1,300 rooms for accommodation, creating over 5,000 jobs for the region and significantly boosting the country’s tourism economy.
The country’s lush, tropical landscape will be specially integrated into the project with the establishment of a Maldives cultural and Indian Ocean marine learning centre developed in conjunction with the local community and marine biologists.
The start of construction was marked by a ‘ground-breaking’ ceremony attended by: Minister of Tourism, Mr Moosa Zameer; Chairman of Singha Estate, Mr Chutinant Bhirombhakdi; Director, Chairman of Executive Committee, Mr Chayanin Debhakam, D.B.A.; Chief Executive Officer, Mr Naris Cheyklin; and Chief Investment Officer for Singha Estate, Mr Thiti Thongbenjamas.
Speaking at the ceremony, Minister of Tourism, Mr Moosa Zameer said, “We are delighted to attend the official ceremony to mark the start of construction on this new world-class leisure development which is set to further enhance the Maldives’ international reputation as one of the world’s top tourist destinations."
Similarly, Chairman of Singha Estate, Mr Chutinant Bhirombhakdi said, “Singha Estate sees a great opportunity in creating the company’s biggest and most exciting project to date in the Maldives."
The first phase and the Township are set to be completed by the latter part of 2018 with the second phase expected to be finished within the next five years.
