USD 14M loan from ADFD to build waste-to-energy plant

1 month ago

Maldives has taken an AED 51.4 million (USD 14 million) loan from the Abu Dhabi Fund for Development (ADFD) to develop a waste-to-energy plant. ADFD announced the signing of the loan agreement in a tweet on Monday. According to ADFD, the project will help reduce waste by 10 percent, provide electricity to 6,000 households, and promote sustainable economic development in Maldives. Finance Minister