Foreign or international body
Asian Infrastructure Investment Bank (AIIB)
In the news, last 90 days
Health
Kulhudhuffushi Regional Hospital to expand inpatient care with new...
Kulhudhuffushi Regional Hospital is expanding inpatient care with a new 14-room isolation facility due for completion by the end of March 2027, Deputy Chief Executive Officer Ahmed Faiz said. The Ministry of Health, Family and Welfare is implementing the project with AIIB financial assistance, adding private rooms to the existing 76 beds, and convertibility into a quarantine facility plus an 800-person auditorium.
Economy
Kuwait Fund quadruples Maldives’ annual financing limit to USD...
The Kuwait Fund for Arab Economic Development agreed to raise the Maldives' annual financing limit from USD 10 million to USD 40 million from 2027, and signed a loan agreement worth about USD 9.7 million for a 50-bed hospital in Veymandoo. The two sides also discussed possible financing for the Thilafushi port development project as the partnership marks 50 years.
Economy · Press release
Finance Minister Zareer Speaks at AIIB Governors' Business Roundtable in Doha
Minister of Finance and Public Enterprises Hassan Zareer delivered remarks at the Governors' Business Roundtable on 'Enabling Innovation: Adding Value along the Project Cycle' at the 11th AIIB Annual Meeting in Doha. He stressed the need for smarter, more efficient and sustainable infrastructure delivery in the Maldives and the importance of financing, expertise and partnerships.
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