Opposition leader and MDP Chairperson Fayyaz Ismail accused the Muizzu government of deliberately halting the Hankede Integrated Tourism Project in Addu City to prevent the region from achieving economic self-sufficiency. The project's US$142.9 million loan from the Bank of China has reportedly been delayed by debt restructuring complications, and no physical work has begun on site.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
This is what the government is doing to prevent the people of Addu City from standing on their own feet
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He said the previous government had guaranteed a total investment of US$400 million for Addu City's development.
Word for word from the report in Maldives Republic. Open the report
The US$142.9 million loan has reportedly been delayed due to complications with debt restructuring, leaving the project in limbo.
Word for word from the report in Maldives Republic. Open the report
Although Home Minister Ali Ihsan inaugurated the project in Addu City earlier this year, no physical work has begun on the site due to the funding delays.
Word for word from the report in Maldives Republic. Open the report
