HULHULE-MALE’ BRIDGE PROJECT

EIA for the proposed Hulhule-Male’ Bridge Project
otherwise, also accounted for the ease of inflation. Inflation is projected to decrease slightly to
1.9% in 2015 (MMA 2014).
The outlook projected for Maldivian economy for the year 2015 is positive, expecting expansion
of the economy. The latest projection of the National Bureau of Statistics in October 2014 shows
the real GDP is projected to expand by 10% in 2015, up from 8.5% in 2014. However, with
predictions for tourism sector growth lower than the projections forecasted in October 2014, the
GDP growth is predicted to be slower than predicted previously. These include lower than
expected tourist arrivals, weakening of the Russian economy; which is the 4 th largest inbound
tourist market to the Maldives with 5.5% market share in 2014 (MMA 2014).
4.9.3 Employment
Total employed persons in 2010 for the whole nation were 111,426. Total unemployed persons
were 10,033. Total employed persons in Male’ were 43,782 and in atolls 67,645. Total
unemployed persons in Male’ were 4006 and in atolls 9027 consecutively (HIES 2010). The
Economic Survey from 2007 reveals that there were 191, 515 persons (both local and foreigners)
employed in the Maldives. Of them 70,850 are in Male’ and 120,935 are in the atolls. Foreign
employment totalled 46,058 for the whole nation in 2007 (DNP 2013). Employment in civil
service, which accounts for a large share of employment, totalled 17,657 jobs in the country in
2012. Of them 7540 are in Male’ and 10, 117 are in the atolls. Employment in political posts
totalled 446 in 2012, a decrease from 544 political posts in 2011. Of them 67% are females and
33% are males.
4.9.3.1 Employment by industry
Employment by industry has observed growth in the tertiary sector and decline in the secondary
sectors due to decline in manufacturing and construction industry between 2006 and 2010. The
average annual growth rates for employment for industries in the tertiary sector increased. The
figure below shows the change in employment by industry between 2006 and 2010 (HIES 2010).
Prepared by: CDE Consulting & China Shipping Environment Technology
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