Opposition is living in a world of fantasy and delusions, while the government remains on the ground with the people: President Muizzu
9 ނޮވެމްބަރު 2026 | ހޯމަ 08:41The President has clarified that the construction of 5,000 housing units in Hulhumale' under the Ras Male' project will commence only after the Real Estate Bill is passed, dismissing rumors of a secret agreement as baseless. Furthermore, he highlighted that various housing initiatives are currently underway across the Greater Malé area and 13 islands in the atolls.


President Dr. Mohamed Muizzu. | President's Office
President Dr. Mohamed Muizzu has dismissed claims by the opposition regarding a secret agreement for the Ras Male' project, scheduled to be signed on November 11, stating that these allegations are entirely baseless.
Responding to a journalist's inquiry regarding housing at a press conference on Monday, the President announced that 5,000 housing units will be developed on vacant land in Hulhumale' as part of the Ras Male' project. The President further noted that this development will proceed once the real estate bill, which the government has submitted to the People’s Majlis, is passed into law.
He stated his expectation that the bill would be finalized during the current session of the People's Majlis. He further noted that work would only commence once the bill is enacted into law. Addressing claims from the opposition regarding a secret agreement being signed, he dismissed these allegations as entirely baseless and devoid of truth.
I have noted the opposition's claims that a secret agreement is set to be signed on November 11. These allegations are entirely baseless. There have been no discussions whatsoever within the government regarding signing any agreement on November 11 or any other specific date. It appears the opposition is preoccupied with such fabrications. The opposition is living in a world of fantasy. In the real world, this government remains steadfast with the people. That is the reality of the situation today.President Dr. Mohamed Muizzu
The President stated that the housing units in Hulhumale' will be prioritized and completed ahead of the planned investments in Ras Male'. He further noted that approximately 4,000 units are currently under development in Hulhumale' and Villingili through the Bank of Maldives' affordable housing scheme. Additionally, the President confirmed that contracts have already been awarded for the construction of another 1,000 housing units.
Expressing his hope for the development of additional housing units in the Greater Male' Area through foreign bilateral funding, the President noted that efforts toward this goal are already underway.
The President stated that development projects are underway across the country, extending beyond the Male' region. He noted that through BML financing alone, contracts have been awarded for the construction of approximately 1,300 housing units across 13 islands.









