India extended a MVR 100 million grant to enhance Maldives ferry services under the third phase of the High Impact Community Development Project, with the signing ceremony held at the Maldivian Ministry of Foreign Affairs. The grant will fund 13 projects expanding and modernizing ferry services, aligning with commitments from President Muizzu's October 2024 state visit to India.
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India has extended a generous grant of MVR 100 million to enhance the nation’s ferry services.
Word for word from the report in The Standard. Open the report
The grant will fund 13 projects under the HICDP, focusing on expanding and modernizing ferry services to ensure reliable and efficient transportation for Maldivian citizens.
Word for word from the report in The Standard. Open the report
Recently, India rolled over a USD 50 million Treasury Bill to provide emergency financial assistance
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the Greater Malé Connectivity Project (GMCP), a 6.74 km bridge connecting Malé with Villingili, Gulhifalhu, and Thilafushi
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The formal signing ceremony took place at the Maldivian Ministry of Foreign Affairs, with key dignitaries in attendance. Foreign Minister Dr. Abdulla Khaleel represented the Maldivian government, while Indian High Commissioner G. Balasubramanian signed on behalf of India.
Word for word from the report in The Standard. Open the report
