Maldivian govt. seeks funds to link Male’, Vilimale’, Gulhifalhu and Thilafushi

Maldivian administration is scheduled to present its proposal on the bridge development project to link Male’ City, Vilimale’, Gulhifalhu and Thilafushi during the Partnership Forum which will begin in Maldives on Monday.

Items scheduled for the Partnership Forum includes the presentation of the plan to link Male’ City with the Greater Male’ Area Industrial Zone via a bridge.

The estimated value of the project is USD 488 million (MVR 7.6 billion). According to the website on the Partnership Forum, the Maldivian administration plans to link Male’ City, Vilimale’ Gulhifalhu and Thilafushi; and relocate the Male’ Commercial Harbor to Gulhifalhu and Thilafushi.

The project is expected to derive economic benefits and ease the flow of traffic. All warehouses located in Male’ City will be relocated to the Industrial Zone, easing the flow of cargo transportation.

The project will be facilitated by Ministry of National Planning and Infrastructure, Maldives Ports Limited (MPL), Greater Male’ Industrial Zone, and Ministry of Transport and Civil Aviation.

The two-day Partnership Forum is scheduled to begin at Kurumba Maldives on Monday. Foreign Minister Abdulla Shahid reports the purpose of the forum is to emphasize the administration’s new policy which is that the Maldivian economy is open for foreign investments.