Global Projects Development (GPD), the developers of Gulhifalhu project yesterday held a ceremony to present 37 deeds to people who had rented plots of land on the new island. A tree planting ceremony was also held on the same day. Plots handed out yesterday were targeted warehouse development plots.
The company has also said the cos of the first phase of the project has cost US$ 15 million so far. CEO and Managing Director of GPD Sivarajah Manivannan said to Haveeru that the total cost of the project was expected to reach US$25 million.