Addu City, Maldives – The developmental project of Gan International Airport in Addu City will be open for bidding next week, confirmed the Economic Ministry.
In a statement released by the Ministry, it was revealed that the pre-qualification process of the bid has already been completed. Seven companies passed this process.
This developmental project is being carried out utilising the USD 800 million line of credit extended by India, which also includes loan assistance via Exim Bank. Out of this, USD 17 million has been allocated for this project.
Under this project, a new terminal, control tower, fire station and cargo facilities will be built at Gan International Airport.
India has previously described this development as one that would make Gan Airport a remarkable hub within the region.
Despite being an international Airport, only two airlines fly to the airport as of now; Maldivian for domestic travel, and Sri Lankan Airlines which flies to the airport twice a week.
Previous development to the airport include the extension of the runway and resurfacing of its existing runway, which is being put to use since 2016.
