Maldives Transport and Contracting Company (MTCC) has announced that a large-scale motorcycle parking zone with capacity for nearly 600 vehicles is currently being developed as part of the ongoing redevelopment of Boduthakurufaanu Magu.
According to the company, the new parking area is being established within the fourth segment of the project, which is now approaching its final stages.
The northern side of Boduthakurufaanu Magu remains one of the busiest and most congested areas in Malé, serving as a major transit route while also housing government offices, banks, businesses and the local market.
Due to the heavy daily movement of commuters and vehicles through the area, authorities have identified proper parking infrastructure as a key component of the redevelopment project.

Speaking to state media PSM News, MTCC Project Manager Sharuvaz Abdullah said a dedicated parking zone with 588 motorcycle slots is being constructed directly in front of the Bank of Ceylon.
“A parking zone with 588 slots is being developed in front of the Bank of Ceylon across an area measuring approximately 1,400 square feet,” Sharuvaz said.
He added that the redevelopment project is not only focused on widening and modernizing the road network, but also prioritizes environmental improvements and greening efforts across the area.
According to MTCC, trees removed from active construction zones are being replanted in other sections of the road corridor wherever possible.
The company stated that trees have already been replanted in areas near Nasandhura and the FSM office building.
MTCC further noted that the overall redevelopment of Boduthakurufaanu Magu is now nearing completion, with efforts underway to fully reopen all active segments by the end of June.
A major portion of the sheet piling work required for the lagoon reclamation and road widening process has already been completed.
The first phase of the project covers five segments extending from the Local Market area to the Henveiru Ferry Terminal, spanning approximately 838 meters in total length.
The redevelopment project was awarded to MTCC at a cost of MVR 144 million.

