MSN Reality Maldives Private Limited has commenced the project to develop a tourist resort in Ruhthibirah Island of Thaa Atoll. The island which is to be renamed as "The Islands Maldives Resorts and Spa" is the second resort developed under the integrated islands concept.
In an exclusive interview with PSM News Board Director of MSN Reality Maldives Private Limited Faisal Ibrahim said that the island will be developed as a 170-room five star resort and is slated to be launched by the end of 2019. The resort is developed in a unique concept which utilises a satellite habour system in the Maldives for the first time, according to the developer. In addition the resort also adapts to the green concept which minimizes the amount of pollution produced by the resort.
"In this resort it is designed to be five star level. We have a unique concept by having a satellite harbor to the island. Normally the harbor is on the island and the back house is also in the island. Here we opt for a green concept by having back house facility away from the island,” an official from MSN Reality said.
MSN Reality revealed that the resort has additional isolated three islands which is expected to be developed as private islands for the upper class tourists arriving to Maldives.
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"We have three separate islands which have three unique and different concepts in each island. It is targeted to the upper class tourist which is developed as three separate mansion islands. In addition to this we are also developing a natural growth island in the west side of the resort. This island would be utilized as a picnic island." the official further added.
Island Aviation Services (IAS) awarded the project to develop a tourist resort in Ruhthibirah in 2016 to the Singapore-based firm. Under the agreement with IAS, MSN Reality has to complete the project within two years. IAS also signed a sublease agreement with the company to lease Ruhthibirah for 49 years.
Tourism is the largest economic industry in the Maldives, as it plays an important role in earning foreign exchange revenues and generating employment in the tertiary sector of the country. The archipelago of the Maldives is the main source of attraction to many tourists visiting the country worldwide. Under the efforts of the current administration to expand and enhance the tourism sector, various resorts have been developed within the past four years which has brought revolutionary concepts to the Maldivian tourism sector.