The Maldives government signed two financing agreements with the Saudi Fund for Development (SFD) totalling US$150 million, with US$100 million for the Velana International Airport expansion and US$50 million for a healthcare sector development project that includes establishing three hospitals on three islands. The SFD has provided $470 million across 16 projects in the Maldives to date.
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The government has inked two financing agreements with the Saudi Fund for Development (SFD), totalling US$150 million.
Word for word from the report in Maldives Republic. Open the report
the expansion of the Velana International Airport (VIA), which received an additional boost of US$100 million
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and the healthcare sector development project, which was allocated US$50 million.
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According to Al-Marshad, the SFD has provided a staggering $470 million in funding for 16 projects to date.
Word for word from the report in Maldives Republic. Open the report
According to Al-Marshad, the SFD has provided a staggering $470 million in funding for 16 projects to date.
Word for word from the report in Maldives Republic. Open the report
In a meeting with Al-Marshad, Minister Shafeeq expressed his gratitude for the SFD’s unwavering support, including approving the additional US$100 million for the VIA expansion project and US$50 million for the healthcare sector development project.
Word for word from the report in Maldives Republic. Open the report
