New Delhi: In a major assistance to Maldives, India has announced on Thursday that it will fund the implementation of Greater Male Connectivity Project through a $400 mn LOC & $100 mn grant.
Taking to twiiter, External Affairs Minister Dr S Jaishankar said, ” Happy to announce the start of regular cargo ferry service between India & Maldives to boost trade & commerce. We’re also starting an air travel bubble with Maldives to sustain & promote the dynamic people-to-people ties between the two countries.”
“India will fund the implementation of Greater Male Connectivity Project through a $400 mn LOC & $100 mn grant. This 6.7 km bridge project connecting Male with Gulhifalhu Port & Thilafushi industrial zone will help revitalise and transform Maldivian economy,” he added.
India will fund the implementation of Greater Male Connectivity Project through a $400 mn LOC & $100 mn grant. This 6.7 km bridge project connecting Male with Gulhifalhu Port & Thilafushi industrial zone will help revitalise and transform Maldivian economy. pic.twitter.com/OFClBpVY7l
— Dr. S. Jaishankar (@DrSJaishankar) August 13, 2020
The Greater Male Connectivity Project (GMCP) is a high visibility project which will be the largest ever infrastructure project to be implemented in the Maldives. The project was a key election promise of the ruling Maldivian Democratic Party (MDP) for which the current President of Maldives has personally sought India’s assistance during his meeting with External Affairs Minister S Jaishankar in the Maldives in September 2019.
