President Ibrahim Mohamed Solih Establishes 'Regional Airports Company Limited'


Maldives
Business
Transport
PUBLISHED October 01, 2020

President Ibrahim Mohamed Solih has established a brand-new airports company, ‘Regional Airports Company Limited’ to be fully run by the Government. 

As stated by the President’s Office, the company was created under the presidential decree to manage various state-owned regional airports located across the nation. 

Minister of Tourism Dr. Abdulla Mausoom commended the exemplary decision made by the President on the new establishment and proclaimed that the ‘Regional Airports Company Limited’ will enable the regional airports of the Maldives including Gan International Airport to operate in a business-like sense. 

The Government ensures that the airports under the new creation will be operated in an “efficient and sustainable basis” while working to further develop regional airport projects. 

Over the years, several airports have been introduced in the Maldives. Currently, Maldives has seen the establishment of total 16 airports including the main gateway of the country, Velana International Airport.  

Regional Airports currently manages the following airports; H. Dh. Hanimaadhoo Airport, H. Dh. Kulhudhuffushi Airport, Sh. Funadhoo Airport, G. Dh. Kaadedhdhoo Airport, G. Dh. Maavarulu Airport, Fuvahmulah City Airport whilst the Island Aviation Company operates N. Maafaru International Airport, R. Ifuru Airport, B. Dharavandhoo Airport, Th. Thimarafushi Airport. The airports located in Dh. Kudahuvadhoo,  Maamigili, L. Kahdhoo and Kooddoo are under the operation of private companies. 

Gan International Airport was previously a state-owned entity. However, the airport has now undergone privatization through a joint-venture with a private company. Lastly, Velana International Airport is operated by Maldives Airports Company Limited.  

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