Maldives signs contract for rolling out of India-funded mega infra project
NEW DELHI: 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 $100 million and a Line of Credit of $400 million from India, this will be the largest infrastructure project in the Maldives, officials said.
