Published: 31st Aug, 2021
Context
Recently, India signs pact with Maldives for $500 million Greater Male Connectivity Project.
About
About the Project
- GMCP will include the construction of a 6.74 km long bridge and causeway link, which will connect the capital city Male with adjoining islands of Villingli, Gulhifalhu and Thilafushi.
- Funding: This project is funded under a grant of USD 100 million and a Line of Credit of USD 400 million from India.
- This will be the largest infrastructure project in the Maldives.
- Signing authority: The contract for the implementation of the project was signed between the Ministry of National Planning, Housing and Infrastructure of the Maldives and Afcons Infrastructure Ltd.
- Significance: The Greater Male Connectivity Project (GMCP) is one of India's biggest new development projects in the Maldives. The project is being considered as the economic lifeline for the people of Maldives and is expected to provide a major boost to the Maldivian economy.
Background
- The project has been undertaken upon the request of Maldives President Ibrahim Mohamed Solih and foreign minister Abdulla Shahid during Union external affairs minister Dr. S Jaishankar's visit to the Maldives in September 2019.
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