Sunday, 20 June 2004
At a ceremony held on Sunday 20 June 2004
at Nasandhura Palace Hotel in Male, the
Tourism Ministry accepted the bids with
a 100,000-dollar bid security. Some 39 parties
proposed their bids for Villivaru and Biyadhoo
island resort formerly managed by an Indian
company. Two bids were rejected as they
failed to submit the proposal on 12:00pm
deadline. Vilivaru Isalnd resort received
21 offers while Biyadhoo Island Resort received
18 offers on time.
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Biyadhoo Island Resort received 18 bids |
The Tourism Ministry announced the bidding
of these two islands in South Male’
Atoll on 11 March 2004 as the current lease
was expired. Some 73 parties bought bid
documents for the two islands. Among the
parties who bid for Vilivaru and Biyaadhoo
resorts include well-known resort owners
and tour operators.
A total of US$ 40 million has been offered
as the two highest bids for resort islands
Biyaadhoo and Vilivaru. The proposals were
for the ten-year lease of the two islands.
The highest bid for Biyaadhoo island resort
was presented by Eco Heaven Holidays Private
Limited. Their bid was for US$ 34.56 million.
For Vilivaru Island resort the highest bid
offer was submitted by Suriana Investment
Private Limited a sum of US$ 21.48 million
for 10 years.
Biyadhoo Island Resort would be developed
as a 192-bed resort, while Vilivaru Island
Resort would be a 120-bed resort.
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Vilivaru Island Resort received 21 bids |
List of parties which submitted
bids for Vilivaru and Biyaadhoo resorts
Following are the parties which submitted
bids for Vilivaru and Biyaadhoo resorts
on Sunday and the total rent they proposed
for a 10-year-period as released by the
Tourism Ministry:
BIYAADHOO ISLAND RESORT:
1. Eco-Heaven Holidays Pvt Ltd –
US$34.56 mln
2. Jet Companies Pvt Ltd – US$33.02
mln
3. Yacht Tours Maldives Pvt Ltd –
US$29.00 mln
4. Mohamed Zahid, Ma. Vaadheege house –
US$27.84 mln
5. Farooq Umar, M. Aadhilleege house –
US$23.38 mln
6. H.P.L Resorts (Maldives) Pvt Ltd –
US$23.13 mln
7. Alia Investments Pvt Ltd – US$23.12
mln
8. Crown Company Pvt Ltd – US$21.98
mln
9. Ahmed Siyam Mohamed, G. Sunset house
– US$21.66 mln
10. Resort Investments Pvt Ltd – US$20.22
mln
11. Sunland Hotels Pvt Ltd – US$20.02
mln
12. Maldives Clown Investments Pvt Ltd –
US$19.68 mln
13. Ibrahim Mohamed Didi, G. Manaam house
– US$17.56 mln
14. Ibrahim Kaleem, H. Emboogasdhoshuge
house – US$17.37 mln
15. Voyages Maldives Pvt Ltd – US$16.03
mln
16. Mohamed Shihab, M. Bageecha house –
US$13.584 mln
17. Villa Travels and Tours US$13.584 mln
18. Sea N See Pvt Ltd – US$10.04 mln
VILIVARU ISLAND RESORT
1. Suriana Investments Pvt Ltd –
US$21.84 mln
2. W.L.T Pvt Ltd - US$20.92 mln
3. Sunland Hotels Pvt Ltd - US$18.16 mln
4. Marine Mystery Travels and Tours Pvt
Ltd - US$18.15 mln
5. Yacht Tours Maldives Pvt Ltd - US$18.12
mln
6. Rindhali Resorts Pvt Ltd - US$18.00 mln
7. Cinnamon Resorts Pvt Ltd - US$17.88 mln
8. Abdulla Ali, H. Girithereyge house -
US$17.04 mln
9. Rainbow Retreats Pvt Ltd - US$16.78 mln
10. H.P.L Resort (Maldives) Pvt Ltd - US$16.21
mln
11. Asia Resorts Pvt Ltd - US$16.02 mln
12. Mohamed Naeem, M. Velidhooge house -
US$15.06 mln
13. Ibrahim Abdul Latheef, Ma. Athamaage
house - US$14.07 mln
14. Resort Investments Pvt Ltd - US$13.85
mln
15. Crown Tours Maldives - US$13.68 mln
16. Hamid Ismail, H. Hirifushi house - US$12.60
mln
17. Sun Travels and Tours Pvt Ltd - US$11.98
mln
18. Maryam Shakeela, G. Manaam house - US$10.98
mln
19. SAS Hotels and Enterprises Limited -
US$10.05 mln
20. Seagull Group Pvt Ltd - US$10.02 mln
21. Paradise Holidays Pvt Ltd - US$9.75
mln
(Source: Haveeru Daily)
MaldiveIsle.com News Team
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