Greater Male Connectivity Project (GMCP): Largest-ever infrastructure project in Maldives! Funded under Indian Grant and Line of Credit- Check details
A contract for the construction of the largest-ever infrastructure project funded by India in the Maldives will be signed on Thursday, August 26, 2021. The contract will be inked between the archipelagic nation's government and Maharashtra-based construction and engineering company Afcons infrastructure. Check the details here:
Greater Male Connectivity Project (GMCP)
The Greater Male Connectivity Project (GMCP) will be the largest-ever infrastructure project in the Maldives, funded under the Indian Grant and Line of Credit, will commence soon. A contract between AFCONS (Mumbai-based company) and Government of Maldives will be signed on Thursday for construction of GMCP. (Image source: Twitter/ANI)
India is a robust development partner of Maldives: Sunjay Sudhir, Indian High Commissioner to Maldives
Indian High Commissioner to the Maldives, Sunjay Sudhir, said, "The Greater Male Connectivity Project is concrete proof that India is a robust development partner of the Maldives in addition to being the First Responder in times of any emergency in the Maldives. This iconic project will give a major boost to the Maldivian economy." It can be noted that India and Maldives signed the GMCP agreement in 2020, as per a report by ANI. (Image source: ANI)
GMCP aims to revitalise the Maldivian economy
The project aims to revitalise the Maldivian economy through a USD 400 million Line of Credit (LOC) and USD 100 million grant linking its capital Male with Gulhifalhu Port and Thilafushi industrial zone along with a regular cargo ferry service between the two countries to boost trade and commerce, as per a report by ANI. (Image source: Twitter/ANI)
GMCP to connect Male to Vilingili
This project involves the construction of a series of bridges and causeways that amount to 6.7 kilometres long connecting Male to Vilingili, the industrial zone in Thilafushi, together with the newly proposed International Port at Gulhifalhu. (Image source: ANI)
GMCP will be an infrastructural complement to the Gulhifalhu commercial port project
This project will be an infrastructural complement to the Gulhifalhu commercial port project which is being done under an Indian LoC of USD 800 million. Since the current Male port has already reached its maximum physical capacity, the Maldives Government has decided to shift the Male port to Gulhifalhu island, as per a report by ANI. (Image source: Twitter/ANI)