Projects

Achieve sustainable economic growth and reduce poverty

Project Name

Development of Velana International Airport

This project completes the financing of the development of Velana International Airport in the Maldives, aiming to enhance the country’s economic and social development by improving airport facilities and increasing its capacity in line with the annual growth in passenger numbers. The project contributes to the growth of the tourism sector and the national economy of the Maldives. The strategic project involves expanding the western passenger terminal to increase capacity to 26 gates for passenger boarding, along with adding a terminal for international flights. The new expansion will accommodate the projected increase in passenger traffic to 7.5 million travelers annually.

Country

Maldives

Status

In Progress

Year

2024

Sector

Electricity & Water