India funded airport project launched in Maldives
A contract for Maldives Hanimaadhoo International Airport Development Project was signed between Government of Maldives and JMC Projects (India) on Sunday.
It is the first ever major infrastructure project to be undertaken outside Greater Male’ region and is funded under the USD 800 million concessional Line of Credit (LoC) extended by Government of India to the Maldives. The total contract value isapprox USD 136 million.
