The Maldives on Thursday sealed a contract for the implementation of an India-funded connectivity project, billed as the largest infrastructure initiative being rolled out in the island nation.
Under the Greater Male Connectivity Project (GMCP) project, a 6.74-km-long bridge and causeway link will be built to connect capital city Male with adjoining islands of Villingli, Gulhifalhu and Thilafushi.
Funded under a grant of USD 100 million and a Line of Credit of USD 400 million from India, this will be the largest infrastructure project in the Maldives, officials said.
The contract for the implementation of the project was signed between the Ministry of National Planning, Housing and Infrastructure of the Maldives and Afcons Infrastructure Ltd.
“This is a defining moment in the development journey of the Maldives,” Maldivian Foreign Minister Abdulla Shahid said on Twitter.
The signing ceremony was attended by Minister of National Planning & Infrastructure Mohamed Aslam, Minister ofThe Maldives on Thursday sealed a contract for the implementation of an India-funded connectivity project, billed as the largest infrastructure initiative being rolled out in the island nation.
Under the Greater Male Connectivity Project (GMCP) project, a 6.74-km-long bridge and causeway link will be built to connect capital city Male with adjoining islands of Villingli, Gulhifalhu and Thilafushi.
Funded under a grant of USD 100 million and a Line of Credit of USD 400 million from India, this will be the largest infrastructure project in the Maldives, officials said.
The contract for the implementation of the project was signed between the Ministry of National Planning, Housing and Infrastructure of the Maldives and Afcons Infrastructure Ltd.
“This is a defining moment in the development journey of the Maldives,” Maldivian Foreign Minister Abdulla Shahid said on Twitter.
The signing ceremony was attended by Minister of National Planning & Infrastructure Mohamed Aslam, Minister ofRead More