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New Cargo Terminal Inauguration in the Maldives

President and government officials inaugurating the new cargo terminal
The president of the Maldives, Dr Mohamed Muizzu officially inaugurated the new cargo terminal at the Velana International Airport on 15th January 2023.

This new cargo terminal addition is part of the development project, as Velana International Airport is trying to cater to the growing tourism industry in the Maldives and to cater to the increased number of arrivals each year. 

With this new development, the cargo terminal now has more capacity, servicing three times more cargo compared to the previous facility. Additionally, the capacity of the new terminal will also increase to a total of 120,000 tonnes of cargo services per year. This is a big step up from the 50,000 tonnes that the previous terminal was able to service.

In addition to equipping environmentally friendly vehicles with updated amenities, the new cargo terminal also includes a three-story office building with 55 office spaces for airlines and brokers. 

Velana International Airport, which is the connecting port for travellers from all around the globe to the beautiful destination of the Maldives has been going through major upgrades in recent years. Recently, the President has also announced a development megaproject which will see the expansion of the airport to accommodate 25 million tourists annually!

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Maldives Tourism Overview: October 2024

Kurumba Maldives

October 2024 proved to be a pivotal month for tourism in the Maldives. The destination welcomed 155,389 visitors, marking a 7.7% increase compared to the previous year. On average, the islands saw around 5,550 arrivals each day, with October 27 being the busiest day, when 7,902 individuals arrived for their tropical getaway.

China continued to be the largest source of tourists, contributing 238,606 arrivals this year, which represents 14.5% of total tourist traffic. Russia followed closely, with 181,895 visitors, accounting for 11% of the market share. Additionally, the number of Indian tourists experienced notable growth, rising from 89,943 in September to 99,081 in October—a surge of approximately 10%. This trend indicates the increasing popularity of the Maldives among Indian travelers.

From January to October 2024, the Maldives tourism sector recorded a total of 1,647,416 arrivals. Tourists enjoyed an average stay of 7.7 days, taking full advantage of the islands’ stunning natural beauty and high-quality accommodations. The Maldives offers a range of lodging options, including 181 resorts with 44,607 beds, as well as numerous guesthouses and hotels to suit various preferences and budgets.

Looking ahead, the outlook for Maldives tourism is promising. Emerging markets offer exciting new opportunities for growth. As international travel continues to recover, the Maldives is well-equipped to attract even more visitors. With its breathtaking landscapes, luxurious resorts, and exceptional hospitality, it remains a top choice for travelers searching for an idyllic escape. The increasing demand in Maldives tourism from markets like India will likely strengthen a vibrant and thriving tourism sector in the coming months.

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