Development of Gulf Lagoon Contract Signing for Dredging, Reclamation & Shore Protection Works

PUBLISHED November 12, 2020 | updated November 12, 2020 13:02

Official signing ceremony of development of Gulf Lagoon for dredging, reclamation & shore protection works was signed by Gulf Craft and SAS e Construction Pvt Ltd today at 1630hrs at the Gulf Craft Maldives Boatyard. 

The official MOU was signed by H.E. Mohammed Hussain Alshaali Chairman of Gulf Craft and Saudulla Ahmed Managing Director of SAS e Construction Pvt Ltd. A press conference was followed to give more details about the project.

According to the Chairman of Gulf Craft the key project of dredging would contain many projects, such as Gulf Craft New Factory for boat building, Marina for Seaferers and Liveabords, a Maritime School for the young millennials and build a Resort to welcome Maldives tourists with great hospitality.

Dredging, reclamation & shore protection works with SAS e Construction Pvt Ltd in a 3 year contract and the reclamation would be completed by 2023.

SAS e Construction is a forward thinking, energetic and dynamic construction company which was registered on April 14, 2013. Since then they have been expanding with a proven track record in delivering successful projects. They specialize in infrastructure projects including construction of harbor, coastal protection, utility, general construction, civil works, resort construction and ID works and solutions. 

The key intention of Gulf Craft is to build luxury boats in the Gulf Craft Maldives boatyard and export the Luxury boats from Maldives to other Asian countries and also supply local market with the best boats and mid size luxury yachts at the most affordable price. 

Gulf Craft has been pioneering yacht and boat building in the UAE since 1982. With four generations of experience and pedigree that propelled the shipyard to its international standing, Gulf Craft’s growing portfolio features the ultra-luxury Majesty Yachts, the adventurous Nomad Yachts, and the Oryx sport cruisers. In 2000, Gulf Craft launched a 100,000 square foot facility producing top quality yachts, pleasure boats, and rapid transport vessels in the Maldives. 

Despite the abrupt stop in services due to COVID-19 pandemic, in April 2020, Gulf Craft announced the continuation of its production at both the facilities in the UAE and the Maldives, with all of the necessary precautionary measures taken in terms of physical distancing and hygiene requirements to ensure the safety of employees, visitors and contractors such as disinfection, tests and daily health checks.


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