Maldives Requests Chinese Financial Assistance for VIA, Malé Commercial Port Projects

President Mohamed Muizzu confirmed at the Invest Maldives Forum in Fuzhou, China, that the administration will seek Chinese investment under the Belt and Road Initiative (BRI) to expand Velana International Airport (VIA) and relocate the Malé Commercial Port to Thilafalhu. The VIA expansion includes a new international terminal (7 million annual capacity initially, expandable to 25 million), improved domestic terminal, budget airline terminal, seaplane terminal at Furanafushi Island, MRO facility, cargo capacity increase to 3,000 metric tonnes, and parking for 70 aircraft. The BRI, launched in 2013, has over 150 countries. China recently pledged over US$100 billion in additional funding through its development banks. The previous administration had planned the port at Gulhifalhu with significant resources already deployed.

President Mohamed Muizzu confirmed at the Invest Maldives Forum in Fuzhou, China, that the administration will seek Chinese investment under the Belt and Road Initiative (BRI) to expand Velana International Airport (VIA) and relocate the Malé Commercial Port to Thilafalhu. The VIA expansion includes a new international terminal (7 million annual capacity initially, expandable to 25 million), improved domestic terminal, budget airline terminal, seaplane terminal at Furanafushi Island, MRO facility, cargo capacity increase to 3,000 metric tonnes, and parking for 70 aircraft. The BRI, launched in 2013, has over 150 countries. China recently pledged over US$100 billion in additional funding through its development banks. The previous administration had planned the port at Gulhifalhu with significant resources already deployed.

President Mohamed Muizzu confirmed at the Invest Maldives Forum in Fuzhou, China, that the administration will seek Chinese investment under the Belt and Road Initiative (BRI) to expand Velana International Airport (VIA) and relocate the Malé Commercial Port to Thilafalhu. The VIA expansion includes a new international terminal (7 million annual capacity initially, expandable to 25 million), improved domestic terminal, budget airline terminal, seaplane terminal at Furanafushi Island, MRO facility, cargo capacity increase to 3,000 metric tonnes, and parking for 70 aircraft. The BRI, launched in 2013, has over 150 countries. China recently pledged over US$100 billion in additional funding through its development banks. The previous administration had planned the port at Gulhifalhu with significant resources already deployed.

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