🚨🚨 rumors circulating that Imran is a paid plant placed within the eagle hills out campaign 🚨🚨
Someone like Imran would have no real values.
The general public’s reaction and sentiment to the issue is what the politicians and “opposition” are reacting to. They want to make it seem as though they are on our side. They are not.
This movement comes from the people.
Eagle Hills’ Durrës Yachts & Marina project in Albania has faced criticism remarkably similar to that surrounding the Rasmale deal in the Maldives, particularly over public land, financial arrangements, government concessions and procurement transparency.
Here are some key facts:
1. Public land: Approximately 80.9 hectares involved.
2. Announced headline value: US$2.5 billion.
3. But Initial capital: Just US$187 million.
4. Ownership structure: 67% private ownership and 33% state ownership.
5. No open bidding: The deal was negotiated directly without an open competitive tender.
6. Significant concessions: The developer received substantial government concessions and incentives.
The important point to understand is securing valuable public land through non-transparent, directly negotiated agreements with governments is not something new to Eagle Hills or Alabbar.
Similar concerns have been raised about his projects in other countries.
Maldives is not the first country to question this business model. And Albanians were raising these concerns long before Maldivians began questioning the Rasmale deal.
Dear journalists,
Could you please ask Minister Muthalib and confirm two things:
1. Will any land in Hulhumale Urban Isles be allocated, leased or otherwise granted to Alabbar / Eagle Hills for any purpose?
2. Will Alabbar / Eagle Hills undertake any development in Urban Isles beyond the proposed 5,000 social housing units?
I’m making a longer post for this but the numbers are so confusing. So far we have heart
$20billion net investment
$12billion net investment
3.1billion as 10% of eagle hills sales
The reason they are using so many figures is because it becomes harder for critics to address.
Let me tell you a few things.
$20 billion is reported as the net investment of the project. Meaning it will cost Eagle hills 20 billion to construct. (20 billion will come from buyers, bank loans, equity. Not Eagle hills directly, their stake is not stated)
Some outlets report this figure as $12 billion instead of 20. This is a discrepancy worth noting
3.1 billion from the 10%
This would mean eagle hills must generate revenue of 31BILLION usd
This is a projection based on someone else’s potential sales it is nothing guaranteed.
NOTHING is guaranteed.
The housing units are coming out of the 3.1 billion. Meaning we receive roughly 2.6billion USD (over time, depending on sales) and housing units in hulhumale which isn’t gonna be free btw, we pay for it from our future revenue and also we are building it on state land which will also now be something we have to give away
So much disinformation.
Public wants development.
The $20 billion Rasmalé project will immensely benefit the citizens. It will open up the real estate market, expand the retail market, create a long-stay market, and generate over 54,000 jobs.
#BuildRasMale#EagleHillsForMaldives#DhivehingeRasMale
“Enjoy effortless ownership.”
Listen. No one is accusing the state of literally selling land. A 99 year lease may as well be a sale. That land is not returning to the state during our lifetime. The technical terms don’t matter. Lease or sale, it’s about “ownership” whether technical or literal.
A 99 year lease which is transferable and resettable subject to approval is just sale with extra steps
The pol bots make posts saying we are claiming land is being sold. No. We are not. Land is being leased. For 99years, possibly more.
🚨🚨🚨🚨
Dear Maldivians, do you think eagle hills is developing rasmale for you?
Let’s see their website
Oh and that AIslop video all the pol boys are posting? Directly from Eagle hills 🤣
🚨🚨🚨🚨
Dear Maldivians, do you think eagle hills is developing rasmale for you?
Let’s see their website
Oh and that AIslop video all the pol boys are posting? Directly from Eagle hills 🤣
Lovely video. Not a single Maldivian in sight
These idiots are parading around AI generated final boss of gentrification slop and thinking it’s some marvel
RasMalé is set to become a world-class development, creating new opportunities, driving economic growth, and shaping a brighter future for the Maldives. A bold step towards the progress our nation deserves.
#BuildRasMale#RasMaleFacts#EagleHillsForMaldives#DhivehingeRasMale