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National News

Aug 13, 2020
2:35PM

India will fund Greater Male Connectivity Project through USD 400 mn Line of Credit & USD 100 mn grant: Jaishankar

@DrSJaishankar
External Affairs Minister Dr S Jaishankar has announced that India will fund the implementation of Greater Male Connectivity Project through a 400 million dollar Line of Credit and 100 million dollar grant.

This 6.7 kilometre bridge project connecting Male with Gulhifalhu Port and Thilafushi industrial zone will help revitalise and transform Maldivian economy.

In a tweet, Dr Jaishankar said, today he had a warm and fruitful discussion with Foreign Minister of Maldives Abdulla Shahid. Both leaders agreed that the COVID19 pandemic has brought the two nations even closer.

The External Affairs Minister announced that regular cargo ferry service between India and Maldives will be started to boost trade and commerce. India is also starting an air travel bubble with Maldives to sustain and promote the dynamic people-to-people ties between the two countries.

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