Dashboard

Year Sets the tiles and breakdowns below; the two year charts always show every year.

Awarded contracts

2026

Total awarded, MVR

3.07 bn

MVR-denominated contracts

Total awarded, USD

1.5 m

USD-denominated contracts

Direct Selection share

82.1%

of awarded value, MVR-equivalent†

Awarded value by year

MVR-equivalent†, by award date.

2.55 bn

1.32 bn

19.73 bn

10.53 bn

12.30 bn

4.73 bn

17.69 bn

3.10 bn

20192020202120222023202420252026

Procurement approach

How contracts were awarded, by share of value (MVR-equivalent†).

Direct Selection MVR 2.54 bn · 29

National Competitive Bidding (NCB) MVR 530.0 m · 22

Single-Source Selection MVR 18.1 m · 3

International Competitive Bidding (ICB) MVR 5.4 m · 1

Direct Selection share by year

Percentage of each year's awarded value (MVR-equivalent†) that was awarded by Direct Selection, i.e. without competitive bidding.

27%

61%

74%

95%

82%

20192020202120222023202420252026

Top sectors

By awarded value, MVR-equivalent†. Sector labels as published.

Construction works MVR 1.26 bn

Harbour / Channel Works MVR 755.0 m

Land Reclamation and Shore Protection MVR 293.1 m

Road MVR 263.1 m

Sports MVR 143.3 m

Shore Protection MVR 68.0 m

Education MVR 66.8 m

Coastal Protection MVR 66.0 m

Land Reclamation and Coastal Protection MVR 58.1 m

Information Technology MVR 38.9 m

…and 6 more.

Top awarding agencies

By awarded value, MVR-equivalent†.

Ministry of Infrastructure, Housing and Urban Development MVR 2.43 bn

Ministry of Health MVR 196.8 m

Ministry of Sports, Fitness and Recreation MVR 127.4 m

Ministry of Education MVR 87.7 m

Ministry of Homeland Security, Labour & Technology MVR 38.9 m

Maldives Islamic University MVR 38.3 m

Maldives Police Service MVR 36.2 m

Ministry of Education, Higher Education & Skills Development MVR 30.8 m

Ministry of Higher Education, Labour and Skills Development MVR 24.0 m

Tax Appeal Tribunal MVR 20.2 m

…and 5 more.

Largest contracts on record

Top 10 by awarded amount (MVR-equivalent†).

Date	Procurement No	Project	Agency	Approach	Awarded Amount	Source
⚑ 2026-07-24	2026/1224/BC03/71	Construction of Court Complex - Male' Maldives Transport and Contracting Company Plc (MTCC)	Ministry of Infrastructure, Housing and Urban Development	Direct Selection	MVR 699,861,405.60	PDF · listing
⚑ 2026-07-21	2026/1224/BC03/64	Land Reclamation and Shore Protection - K. Thulusdhoo Maldives Transport and Contracting Company Plc (MTCC)	Ministry of Infrastructure, Housing and Urban Development	Direct Selection	MVR 293,068,897.20	PDF · listing
⚑ 2026-04-13	2026/1224/BC03/42	Upgrading of Harbor - K.Kaashidhoo Maldives Transport and Contracting Company Plc (MTCC)	Ministry of Infrastructure, Housing and Urban Development	Direct Selection	MVR 234,624,562.20	PDF · listing
⚑ 2026-03-28	2026/1224/BC03/35	Construction of 100 Housing Units - ADh.Mahibadhoo Housing Development Corporation Limited	Ministry of Infrastructure, Housing and Urban Development	Direct Selection	MVR 160,670,121.04	PDF · listing
⚑ 2026-03-28	2026/1224/BC03/34	Upgrading of Harbor - Ha. Filladhoo Maldives Transport and Contracting Company Plc (MTCC)	Ministry of Infrastructure, Housing and Urban Development	Direct Selection	MVR 118,518,587.64	PDF · listing
⚑ 2026-04-13	2026/1224/BC03/47	Establishment of Harbour - Ga. Kondey Maldives Transport and Contracting Company Plc (MTCC)	Ministry of Infrastructure, Housing and Urban Development	Direct Selection	MVR 114,915,774.60	PDF · listing
⚑ 2026-03-28	2026/1224/BC03/36	Development of Harbor - M.Maduvvari Maldives Transport and Contracting Company Plc (MTCC)	Ministry of Infrastructure, Housing and Urban Development	Direct Selection	MVR 113,036,651.28	PDF · listing
⚑ 2026-01-11	TES/2025/W-155	Remaining works of R. Inguraidhoo Health Centre New Building Fedo Pvt Ltd	Ministry of Health	National Competitive Bidding (NCB)	MVR 93,452,109.25	PDF · listing
⚑ 2026-04-13	2026/1224/BC03/33	Development of Roads - Ga.Nilandhoo Road Development Corporation	Ministry of Infrastructure, Housing and Urban Development	Direct Selection	MVR 89,843,139.36	PDF · listing
⚑ 2026-03-19	2026/1224/BC03/24	Establishment of Harbour - Ha.Utheemu Maldives Transport and Contracting Company Plc (MTCC)	Ministry of Infrastructure, Housing and Urban Development	Direct Selection	MVR 88,637,807.52	PDF · listing

† USD converted at the fixed reference rate of 15.42 MVR/USD, for aggregation only. Per-currency figures are shown wherever a single record is displayed.