State Trading Organization STO has decided to develop a harbor at Gulhifalhu to unload construction aggregate.
An official of STO stated that in addition to a harbor they will also develop storage facilities at Gulhifalhu.
“This will be the largest project conducted by STO after the development of fuel storage facility. We are planning to begin it this year” said an official.
The official said that they have received a land plot of 250,000 square kilometers to develop the facility.