The Ministry of Finance is seeking a contractor to develop a harbor in Molhadhoo island of Haa Dhaal atoll.

According to an announcement by the ministry on Thursday, they are seeking to contract the project under the International Competitive Bidding (ISB) policy.

Interested parties are required to pay MVR 1,500 or USD 100 as a non-refundable registration fee.

Payments will be accepted from 12 May till 9 June, revealed the ministry.

The ministry also revealed that the contract requires a bid security payment of MVR 160,000 before the project can commence.

The deadline for making the bid security payments is set within 148 days from the commencement of the bidding process.

Only those registered under the Ministry of Planning and Infrastructure’s construction act will be eligible to take part in the bid.