Ras Male’ Development, Reclamation and Shore Protection

Ras Male' The Maldives’ Largest Urban Development & Reclamation Project

A contractor-financed opportunity to participate in the Maldives’ most ambitious eco-city development.

Project Overview

Transforming Fushi Dhiggaru Lagoon Into a Future Eco City

Ras Male’ is a visionary smart city development located minutes from Mae’, set to become the largest land reclamation and sustainable urban project in Maldives history. The project aims to develop a climate-resilient, zero-carbon city with 65,000 housing units, modern infrastructure, and world-class coastal protection.

Key Project Highlights

  • 1,153 hectares of new land to be reclaimed (in addition to the 116 hectares already completed)

  • Land elevation targeted at 3 meters above mean sea level

  • Integrated shore protection ensuring durability + recreational beaches

  • Prepared land for future housing, transport systems, utilities, and public spaces

  • Part of a long-term vision to expand urban capacity and support national housing needs

Why Ras Male' Matters

A National Flagship Project

Ras Male' is central to addressing long-term housing shortages and enabling modern, resilient urban development.

Unmatched Scale & Scope

Nearly 3x larger than Hulhumalé Phases I & II combined.

Future-Ready Planning

Developed using zero-carbon principles and safe-island standards.

Strategic Location

Minutes from Male' with direct access to major transport and economic networks.

Contracting Model & Financial Framework

The Government is inviting experienced contractors to partner under flexible financing arrangements, including:

  • Deferred payment terms
  • Sovereign guarantees or milestone-based payment assurances
  • EPC or Design-and-Build models

This early-stage engagement presents a first-mover advantage in a high-visibility national project.

Project Timeline

  • Project Start: Q3 2025
  • Completion: Q3 2028 (36-month schedule)
  • Lead Agency: Ministry of Construction, Housing and Infrastructure

Next Steps for Interested Contractors

Qualified and experienced firms are invited to submit comprehensive proposals for the Ras Male’ Reclamation and Shore Protection Project. Submissions should clearly outline the following components:

  • Project Delivery Methodology: A detailed approach to executing large-scale reclamation and coastal protection works, including technical processes, environmental safeguards, and quality assurance strategies.
  • Demonstrated Technical Capacity: Evidence of previous experience with similar mega-scale marine or reclamation projects, supported by organizational profiles, equipment lists, and key personnel credentials.
  • Financing Structure: Proposed contractor-financed or hybrid financing model, including repayment terms, milestone frameworks, and any required guarantees.
  • Execution Timeline: A realistic yet ambitious schedule for full project delivery, aligned with the Government’s expected 36-month completion window.

If your company requires assistance with administrative or coordination activities relating to the proposal process, government submissions, or project documentation, MaldivesInvestments.com is ready to help. Our team can support you in ensuring smooth communication with the relevant ministries and guide you through essential administrative steps.