CMCC Vows to Complete Hulhumale' Phase III and Giraavaru Lagoon Dredging Within Three Months

Capital Marine and Civil Construction (CMCC) has announced that dredging works for Hulhumale' Phase III and Giraavaru Lagoon will be completed within the next three months. The third phase of Hulhumale's housing development resumed last month after delays caused by revisions to the project’s master plan. CMCC stated that despite structural changes, the work will proceed without obstacles to meet contractual obligations. The company emphasized its commitment to fulfilling promises as a responsible project entity, thanking the government, stakeholders, partners, and the Maldivian public for their cooperation. The project was first launched in September 2023 under the former government of President Ibrahim Mohamed Solih. CMCC, led by British-Sri Lankan businessman Sivarajah Manivannan, has been involved in several major reclamation projects across the Maldives since the Maumoon administration.