President Dr. Mohamed Muizzu has announced that the remaining section of the Boduthakurufaanu Magu redevelopment project is expected to be completed by November 2026, marking the final phase of one of the capital’s largest ongoing road infrastructure projects.
The President shared the update in a post on X on Saturday, accompanied by concept drawings and a video illustrating plans for the final stretch of the redevelopment, including improvements to the northern side of Boduthakurufaanu Magu and the adjacent lagoon area.
According to the President, the next phase of construction will focus on completing the remaining section of the capital’s Ring Road, extending from the Maldives Ports Limited (MPL) area to Tsunami Monument Park.
“God willing, these works and the remaining portion of the Ring Road (from the MPL area to Tsunami Monument Park) will be completed by November 2026,” President Muizzu said in his post.
The announcement comes just a day after another section of the redeveloped road was opened to the public, extending the upgraded carriageway from the Maldives Monetary Authority (MMA) area to the Henveiru Ferry Terminal.
The Boduthakurufaanu Magu redevelopment project began on August 21, 2025, with the aim of transforming the capital’s northern waterfront into a wider and more efficient transport corridor. The project involves reclaiming sections of the lagoon to expand the existing road into a modern four-lane highway, replacing the ageing interlocking block surface with asphalt and improving traffic flow through one of Malé’s busiest areas.
Construction was carried out in phases. The first phase covered the stretch from the MMA area to the Local Market, while the second phase extended the upgraded road to the Henveiru Ferry Terminal. Both sections have now been completed and opened to motorists.
According to project figures, the first two phases involved the reclamation of 10,707.43 square metres of lagoon and the installation of sheet piling along 1,060 metres of quay wall. The newly opened section also includes approximately 18,286 square metres of paved roadway for vehicle traffic.
The project is being implemented by the Maldives Transport and Contracting Company (MTCC) at a total cost of MVR 220.3 million for the first two phases.
MTCC has previously confirmed that Phase Three is scheduled to commence next month. Once completed, the final stage will connect the remaining gap between the MPL area and Tsunami Monument Park, completing the full redevelopment of the Ring Road.
Beyond expanding road capacity, the project also includes extensive landscaping, coastal protection works and new parking facilities created through lagoon reclamation. Government officials have said the redevelopment is intended to reduce congestion, improve road safety and modernise transport infrastructure in the capital.
With the first two phases now in operation and the final stage set to begin shortly, the government is targeting November for the completion of the remaining works, bringing the long-planned transformation of Boduthakurufaanu Magu a step closer to completion.
