President-Elect Returns From UAE With Promises of Investment

President-elect Dr Mohamed Muizzu returned from an unofficial visit to the UAE with a promise of MVR 1.2 billion from the Abu Dhabi Fund for Development (ADFD) to expedite the Velana International Airport (VIA) new terminal. The Saudi Fund also committed an additional $100 million loan. The project, started in May 2016 with a $350 million budget, aims to serve 7.5 million passengers by September 2024. Muizzu's first official visit will be to Saudi Arabia.

President-elect Dr Mohamed Muizzu returned from an unofficial visit to the UAE with a promise of MVR 1.2 billion from the Abu Dhabi Fund for Development (ADFD) to expedite the Velana International Airport (VIA) new terminal. The Saudi Fund also committed an additional $100 million loan. The project, started in May 2016 with a $350 million budget, aims to serve 7.5 million passengers by September 2024. Muizzu's first official visit will be to Saudi Arabia.

President-elect Dr Mohamed Muizzu returned from an unofficial visit to the UAE with a promise of MVR 1.2 billion from the Abu Dhabi Fund for Development (ADFD) to expedite the Velana International Airport (VIA) new terminal. The Saudi Fund also committed an additional $100 million loan. The project, started in May 2016 with a $350 million budget, aims to serve 7.5 million passengers by September 2024. Muizzu's first official visit will be to Saudi Arabia.

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