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In an AI-assisted video presentation shared on Instagram, Eagle Hills Chairman Mohamed Alabbar expressed pride in undertaking the largest investment project in Maldivian history and pledged to fulfill public expectations.
News Desk
Eagle Hills Chairman Mohamed Alabbar (left) speaks with Minister of Infrastructure, Housing and Urban Development Dr. Abdulla Muththalib (right) at the signing ceremony for the USD 20 billion Maldives Waterfront and Marina project in Ras Malé.
MALE : Eagle Hills Chairman Mohamed Alabbar stated that Maldivians trust his firm as the entity behind the country’s largest historic foreign investment, pledging to fulfill public expectations under the Ras Malé project.
In a video message shared on Instagram featuring artificial intelligence visualizations of the finished development, Alabbar described securing the project as a major honor.
“Maldivians trust us with the largest investment in history. This is an honor for us. May Allah grant us success in this. Insha Allah, we will work according to their hopes,” Alabbar declared.
His statement follows a commercial terms agreement signed with the government to develop 500 hectares of reclaimed land in Ras Malé under the “Maldives Waterfront and Marina” project.
Alabbar provided a summary of the upcoming development, emphasizing that the project aims to establish a unique lifestyle destination. He highlighted that property buyers will receive some of the highest financial returns available globally for such real estate investments.
The Chairman listed key public amenities and facilities planned for the completed site, including pristine beaches, commercial restaurants, hotels, sports venues, and specialized areas for children. He reiterated previous commitments that the United Arab Emirates-based firm will execute the mega-project to deliver maximum economic benefits to the country and its citizens.
