Vaavu Atoll will build a new floating resort linked to it's current villa's and resorts
An agreement has been signed to build an overwater resort or floating resort in V. atoll. The agreement was signed by a joint venture between the Vaavu Atoll Council, Levini Hotels and Resorts, and a foreign company. The company was first registered on August 16 this year, according to the business registration of the Ministry of Economic Development.Source: https://avas.mv/en/123411Sujau further said the floating resort would be completed within three years. The project will include 40 villas, with each villa estimated to cost between MVR 1.3 million and MVR 1.4 million.