The Ministry of Finance (MoF) and Exim Bank of India has entered into a Dollar Credit Line Agreement facilitating Maldives with USD 400 million for the Greater Male’ Connectivity Project. The project aims to connect the islands of Male’, Vilimale’ Gulhifalhu and Thilafushi with bridges and will be the biggest infrastructure project Maldives embarks on so far.

The detailed project report has been approved by the technical authorities of both countries and Mr. Sunjay Sudhir, High Commissioner of India to Maldives, has stated that the tender processes for this project will commence from 2 to 3 days time.

With this project, the Maldives government hopes to further the infrastructural development and ease the congestion within the inhabited islands of Greater Male’ region.