China Committed to Providing US$130 Million Worth of Grant Aid to Maldives: Muizzu

President Mohamed Muizzu confirmed upon returning from China that China will provide nearly US$130 million in grant aid for several projects, with most funds going to develop Malé's roads. Other agreements include construction of 30,000 social housing units at Ras Malé, expansion of Velana International Airport, and building the Commercial Spine at Hulhumalé Phase II's Urban Isle. A Chinese company will construct seven buildings for the Commercial Spine. The aid is in Chinese yuan, equivalent to about $130 million.

President Mohamed Muizzu confirmed upon returning from China that China will provide nearly US$130 million in grant aid for several projects, with most funds going to develop Malé's roads. Other agreements include construction of 30,000 social housing units at Ras Malé, expansion of Velana International Airport, and building the Commercial Spine at Hulhumalé Phase II's Urban Isle. A Chinese company will construct seven buildings for the Commercial Spine. The aid is in Chinese yuan, equivalent to about $130 million.

President Mohamed Muizzu confirmed upon returning from China that China will provide nearly US$130 million in grant aid for several projects, with most funds going to develop Malé's roads. Other agreements include construction of 30,000 social housing units at Ras Malé, expansion of Velana International Airport, and building the Commercial Spine at Hulhumalé Phase II's Urban Isle. A Chinese company will construct seven buildings for the Commercial Spine. The aid is in Chinese yuan, equivalent to about $130 million.

This story involves 1 source and may affect public understanding of foreign aid / china.