The Indian government has contributed around MVR 37 million in financial support to the Maldives for eight development projects.
A Memorandum of Understanding was signed between the two countries on Thursday for eight development projects through various state entities as part of the High Impact Community Development Project (HICDP). The initiatives conducted under the MoU have a total value of MVR 37,104,000, or USD 2.4 million.
The agreement was signed by Ahmed Khaleel, Maldives Minister of State for Foreign Affairs, and Sunjay Sudhir, Indian High Commissioner.
The Indian financial aid will fund the following eight projects:
- Renovation of Olympus Theatre
- Establishment of ADh. Dhangethi cultural centre
- Construction of a multi-purpose council building in N. Miladhoo
- Development of an ice plant in L. Maabaidhoo
- Installation of streetlights in Th. Thimarafushi
- Installation of streetlights in Th. Veymandoo
- Improving inclusive education units in HA. Dhidhdhoo, L. Gan, and GDh. Thinadhoo schools.
- Procurement of two sea ambulances
According to the foreign ministry, India first offered MVR 85 million in financial support for the eight projects and some other projects in 2019, but this was increased to MVR 155 million under an MoU in July 2021.
In addition to the projects announced on Thursday, the grand scheme is already supporting 12 other development initiatives.
