"Abu Dhabi Development" Participates in the opening of Villana International Airport in Maldives
Mali- Al-Maldives on July 27 / WAM / The Abu Dhabi Development Fund participated today, at the opening of Villana International Airport, the pioneering project that will contribute to a qualitative shift that supports the enhancement of the Maldives infrastructure.
The fund contributed to the airport financing in two phases, with a total value of 330.5 million dirhams, and the project also received financing support from the Saudi Fund for Development, the Kuwait Fund for Development, and the OPEC Fund for International Development, which reflects the enhancement of the paths of cooperation and integration between regional financing institutions, and represents a basic pillar for achieving common visions and aspirations towards a prosperous and sustainable future.
The opening ceremony, which was held in conjunction with the 60th anniversary of the independence of the Republic of Maldives, His Excellency Dr. Mohamed Mouizo, President of the Maldives, and His Excellency Muhammad Saif Al -Suwaidi, Director General of the Abu Dhabi Development Fund, His Excellency Rahma bin Abdul Rahman Al Shamsi, Ambassador of the UAE to the Maldives, along with the heads of the Saudi Fund for Development, the Kuwait Development Fund, the OPEC Fund for International Development, and the number One of the senior ministers and officials.
The funding provided by the Abu Dhabi Development Fund has contributed to raising the operational capacity of Villana International Airport to more than 7 million passengers annually, to keep pace with the continuous growth in the number of passengers.
The development work included the expansion of the western building of the passengers to increase its capacity to include 26 bitter travelers to the aircraft, in addition to the construction of a modern building for international flights, which establishes the malevive position as a major catalyst for the growth of commercial, tourism and investment activities, and reflects the fund’s commitment to support projects that have a positive and sustainable impact on the life of societies.
His Excellency Dr. Mohamed Mouizo expressed his great appreciation to His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State “may God protect him”, praising the continuous support that the UAE provides to the Maldives, and is embodied in the depth of historical relations and fraternal ties between the two brotherly countries.
His Excellency added that the financing of the Villana International Airport project by the Abu Dhabi Fund for Development and in cooperation with international partners reflects their joint commitment to achieving the sustainable development goals, and it embodies their long -term strategic vision towards infrastructure development, and to enhance the ingredients for growth for developing countries, and the opening of the airport will contribute to enhancing the status of the Republic of Maldives on the global aviation map.
His Excellency Mohammed Saif Al -Suwaidi pointed out that this joint developmental achievement embodies the commitment of the Abu Dhabi Fund for Development to support the priorities of the sustainable development of partner countries, and confirms its keenness to enhance strategic strategic partnerships between regional development institutions and international organizations, in a way that contributes to achieving a broader and more sustainable development impact.
He added that the distinguished relationship with the Maldives government resulted in the implementation of strategic projects that contributed to a qualitative transformation that strengthened the growth of its economic and social activities, and the Villana International Airport project, which the fund contributed to its financing a model for constructive cooperation between the two sides.
It is noteworthy that the developmental relations between the Abu Dhabi Development Fund and the Maldives dates back to 1978, where the fund contributed to financing 11 strategic projects with a total value of 1.11 billion dirhams, as these projects included a variety of vital sectors such as transportation, tourism, health care, and energy, which had a prominent role in supporting the basic economic activities of the Maldives, and enabling them to achieve their development goals Sustainable.
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