Malé, Maldives – President Ibrahim Mohamed Solih today stated that over MVR 2.6 billion will be spent on development projects in Addu City.
The President said this while giving the presidential address at the inaugural sitting as per Article 84 of the Maldives Constitution.
With the line of credit provided by India’s Exim Bank, roadwork is being carried out to rectify the flooding problem in the City.
Stating that Addu is the starting point for every positive change in the country, President Solih highlighted that 107 kilometres of roads will be laid out in every district where people live under the road development project.
Additionally in accordance with the Addu City Development Plan, 236.5 hectares of land will be reclaimed, including land designated specifically for tourism.
Gan International Airport will be developed with the capacity to serve 1.5 million tourists annually.
Addu City recently reopened one of the two main resorts in the city, Canareef resort while the other remains closed since 2020 with the onset of the Covid-19 pandemic.
Addu road development project assigned to India’s Afcons Infrastructure Limited is to be completed within 730 days of contract signing. The agreement was signed between Planning Ministry and India’s Afcons Infrastructure Limited on 21 February 2021.
The construction of the Hankede Bridge connecting Hithadhoo and Maradhoo under the same contract commenced in October 2021.