MALDIVES: MoU signed for Uligan marina

Maldives Ports Limited (MPL) and the HA Uligan Council have signed a Memorandum of Understanding (MoU) to develop a yacht marina in Uligan. CEO, Mohammed Wajeeh Ibrahim, and Uligan Council president Ahmed Muaz Mohammed, signed the agreement.

The Uligan marina project is a planned development featuring a marina near the northern tip of the Maldives, strategically located near one of the busiest maritime routes for leisure travellers and world trade. The project will encompass top of class vessel docking and berthing facilities to serve as an entry gateway to the country.

Wajeeh said the project will attract more yachts to Uligan and provide adequate services for vessels docking there. He also highlighted the current government’s vision of developing the maritime industry as one of the key drivers of the Maldivian economy. “Even without proper facilities, many yachts dock in Uligan each year,” he noted. “With adequate facilities in place, even more yachts will arrive, leading to an economic boost for the northern region and creating much-needed job opportunities.”

Muaz explained that the development of a marina has been a “lifelong dream” for residents of Uligan. “As far as we can remember, yachts have always docked here. However, for various reasons, we have not been able to establish proper facilities to provide services for these yachts. The people of Uligan have waited a very long time to see a yacht marina on the island. We are very hopeful that this dream will soon become a reality,” he said.