Maldives and China discuss interest-free loan to develop 500 flats in Male’

Maldives and China have engaged in discussions regarding developing 500 social housing units in Male’ City.

In a post on X on Saturday, the Housing Ministry said that Maldives and China had signed the minutes of a meeting for the development of the 500 social housing units on the sidelines of the 3rd High-Level Conference on Global Action for Shared Development, held in Beijing from Tuesday to Wednesday.

“The project is to be financed through an interest-free facility extended by the Government of China,” added the ministry.

During the Third High-Level Conference on Global Action for Shared Development, held in Beijing from 21–22 April 2026, the Government of the Maldives, on the sidelines of the conference, signed the minutes of a meeting with the Government of the People’s Republic of China for the… pic.twitter.com/eAGiGNSd2w

— Ministry of Infrastructure, Housing and Urban Dev. (@MIHUDmv) April 25, 2026

According to the Housing Ministry, the minutes of the meeting were signed by Minister of State for Housing, Ibrahim Thoaam Mohamed, and Vice Chairman of the China International Development Cooperation Agency (CIDCA), Liu Junfeng.

The Housing Ministry said that Maldivian officials also held a bilateral meeting with CIDCA to discuss grant aid projects, further reaffirming the commitment of both countries to strengthening development cooperation.