The Maldives Fund Management Corporation (MFMC) has signed a contract with China National Electrical Engineering Company (CNEEC) to begin the Hankede Integrated Tourism Development Project.
The project consists of developing 1,041 rooms with a diverse range of accommodation options, each with a unique design. MFMC stated the project will revitalise Addu and enhance the tourism experience, and that it will create an opportunity for residents of Addu to benefit from integrated tourism through jobs by creating a favourable environment for small and medium businesses.
The government aims to bring 8,000 tourism beds into operation in Addu. Hankede is one of the regions in Addu that specialised in tourism and includes hotels, guesthouses, and other tourism-related businesses.