STO signs as concrete supplier for Thilamale’ Bridge project

From the agreement signing ceremony between STO and AFCONS. Managing Director, STO Hussain Amru Mohamed Rashad (L) and Deputy Project Manager of AFCONS, V. Madhusudhan (R) signed the agreements from their respective companies on May 12, 2022. (Photo/STO)

The State Trading Organization (STO) on Thursday signed an agreement with Afcons to supply Readymix Concrete to Thilamale’ Bridge project.

During a ceremony held at STO’s Head Office, Managing Director Hussain Amru Mohamed Rashad signed on behalf of STO, while Deputy Project Manager V. Madhusudhan signed from Afcons.

STO detailed that under this project, a total of 7,500 CMB of readymix concrete will be supplied.

Moreover, STO revealed that over the course of the past five months, perpetrations were made to undertake this project, including establishing machinery at their readymix plant so as to provide concrete that meets the standards set by Afcons.

The government officially signed and handed over the Thilamale’ Bridge project to Afcons on August 26, 2021.

The Greater Male’ Connectivity Project – set to be the largest infrastructure development project in Maldives – is financed under an Indian grant of USD 100 million and a USD 400 concessional credit line from India’s Exim Bank.  

The project involves the construction of a 6.74-kilometre-long bridge along with a causeway link. According to the Indian High Commission in Maldives, the bridges between islands will measure 140 kilometres. 

Signalized junctions will be built at the land interchanges in Male’ and Vilimale’, and roundabouts will be built in Gulhifalhu and Thilafushi.

Bus terminals will also be built at the bridge junction on each island.