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News SFD / Hulhumalé Saudi Arabia Impact 6.0/10 2 min read
President Muizzu Meets With SFD’s Al-Marshad; Hulhumalé Channels and Bridges Inaugurated

President Muizzu Meets With SFD’s Al-Marshad; Hulhumalé Channels and Bridges Inaugurated

President Mohamed Muizzu met with Sultan bin Abdul Rahman Al-Marshad, CEO of Saudi Fund for Development (SFD) on Thursday to discuss expanding Maldives-Saudi relations and ongoing SFD-supported initiatives. Later, Al-Marshad attended inauguration of bridges and channels in Hulhumalé, funded by SFD at US$80 million. The project connects different phases of Hulhumalé and includes channel deepening work. Ibrahim Fazul Rasheed, CEO of Housing Development Corporation (HDC), expressed gratitude to SFD. Al-Marshad said the project is a testament to SFD's developmental assistance and highlighted 47-year relationship between Maldives and Saudi Arabia. The bridges and channels have been in use for a couple of years; channel deepening work is ongoing.

President Mohamed Muizzu met with Sultan bin Abdul Rahman Al-Marshad, CEO of Saudi Fund for Development (SFD) on Thursday to discuss expanding Maldives-Saudi relations and ongoing SFD-supported initiatives. Later, Al-Marshad attended inauguration of bridges and channels in Hulhumalé, funded by SFD at US$80 million. The project connects different phases of Hulhumalé and includes channel deepening work. Ibrahim Fazul Rasheed, CEO of Housing Development Corporation (HDC), expressed gratitude to SFD. Al-Marshad said the project is a testament to SFD's developmental assistance and highlighted 47-year relationship between Maldives and Saudi Arabia. The bridges and channels have been in use for a couple of years; channel deepening work is ongoing.

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Maldives Republic

Published

May 17, 2024

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President Mohamed Muizzu met with Sultan bin Abdul Rahman Al-Marshad, CEO of Saudi Fund for Development (SFD) on Thursday to discuss expanding Maldives-Saudi relations and ongoing SFD-supported initiatives. Later, Al-Marshad attended inauguration of bridges and channels in Hulhumalé, funded by SFD at US$80 million. The project connects different phases of Hulhumalé and includes channel deepening work. Ibrahim Fazul Rasheed, CEO of Housing Development Corporation (HDC), expressed gratitude to SFD. Al-Marshad said the project is a testament to SFD's developmental assistance and highlighted 47-year relationship between Maldives and Saudi Arabia. The bridges and channels have been in use for a couple of years; channel deepening work is ongoing.

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Focus: President Muizzu Meets With SFD’s Al-Marshad; Hulhumalé Channels and Bridges Inaugurated

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