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ADFD advances Maldives aviation sector through new airport project
Gulf Today
|July 28, 2025
Aligned with its commitment to its strategic sustainable development goals, Abu Dhabi Fund for Development (ADFD) participated in the inauguration of the Velana International Airport, a landmark project that aims to significantly enhance Maldives’ infrastructure.
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With a total investment of Dhs330.5 million ($90 million) from ADFD, the project was implemented in two phases, receiving co-financing from Saudi Fund for Development, Kuwait Fund for Arab Economic Development, and Opec Fund for International Development. This cooperation highlights the shared commitment of regional development institutions to support high impact projects in developing nations to contribute to an inclusive, sustainable growth.
Attending the inauguration ceremony, which coincided with Maldives’ 60th independence anniversary, were Dr Mohamed Muizzu, President of the Republic of Maldives, Mohamed Saif Al Suwaidi, Director-General of ADFD, and Rahma Bin Abdulrahman Al Shamsi, UAE Ambassador to the Republic of Maldives, along with senior officials from both nations and from Saudi Fund for Development, Kuwait Fund for Arab Economic Development, and Opec Fund for International Development.
Denne historien er fra July 28, 2025-utgaven av Gulf Today.
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