Today: 26 July 2025
24 February 2023
2 mins read

Maldives FM praises India’s developmental aid

Ameer stated that the development projects include Greater Male connectivity project which will transform Maldivian economy. ..reports Asian Lite News

Maldivian Finance Minister Ibrahim Ameer on Thursday lauded Indian assistance in developmental projects carried out in Maldives. In his remarks at the inaugural session of the Asia Economic Dialogue 2023 here, he said that developmental projects in Maldives carried out by Indian assistance is geared towards future growth.

“India and Maldives share a unique bond based on mutual respect, trust and understanding that goes beyond simple geographical, historical and cultural ties. And as the honourable minister Dr Jaishankar mentioned that there is a fundamental difference between the developmental projects that we are carrying with the Indian assistance. “I believe that is that the developmental projects that we are carrying with the Indian assistance is mainly geared towards future growth which is very important,” he added.

Ameer stated that the development projects include Greater Male connectivity project which will transform Maldivian economy. He said that Maldives is also developing two airports, one in the North and one in the South.

According to Ibrahim Ameer, Hanimaadhoo International Airport will have a capacity of 1.8 to 2.1 million tourists a year. He said that South Gan International Airport being developed with the assistance of a line of credit facility from Exim will have a capacity of 1.8 million.

“Now we are a six billion dollar economy. But, when we do these international airports in the north and in the south in a few years time, let’s say in 5-10 years, we are looking at not a six billion dollar economy. I believe we are looking at let’s say 15-20 billion dollar economy and also we have very important basic infrastructure, sanitation projects,” Ameer said.

“When we came into the government in the end of 2018, we had only around 30 per cent of our country had proper water and sanitation projects but now with the assistance of Indian Exim, we currently have water and sanitation projects in all of the other 70 per cent of the islands,” he added.

In his remarks at the inaugural session of the Asia Economic Dialogue, he said that three things that bother him are climate change, external shocks which he stressed are the COVID-19 pandemic and Russia Ukraine war and developmental efforts. He further said, “how do we make sure there is a continuation of our developmental projects.”

Notably, the inaugural Session of the Dialogue was a conversation between External Affairs Minister S Jaishankar, Bhutan Finance Minister Lyonpo Namgay Tshering and Ibrahim Ameer. The Asia Economic Dialogue (AED) is the Ministry of External Affairs’ annual flagship event on Geoeconomics, co-hosted in collaboration with Pune International Centre. The 7th edition of the Asia Economic Dialogue is being held from 23-25 February 2023 in Pune. (ANI)

ALSO READ-Maldives backs India’s UNSC bid

Previous Story

Bhutan highlights climate change, geopolitical tensions

Next Story

Concerns mount as China’s single population to hit 400 million

Latest from -Top News

Hamas Reiterates Peace Effort After U.S. Jab

Hamas Reaffirms Commitment to Ceasefire Talks After U.S. Criticism…reports Asian Lite News Hamas on Friday reiterated its commitment to the ongoing ceasefire negotiations, responding to remarks by U.S. Special Envoy to the

Dubai turns malls Into fitness zones

Dubai’s Mallathon reimagines shopping centres as fitness zones, encouraging residents of all ages to walk, run, and connect—fostering healthier habits in air-conditioned comfort….reports Asian Lite News In a bold move to blend

Riyadh welcomes Paris pivot to Palestine

Move stirs global response as Macron breaks G7 ranks; Israel and US condemn recognition bid amid Gaza war…reports Asian Lite News Saudi Arabia has welcomed French President Emmanuel Macron’s pledge to officially

‘UN-OIC unity key to peace push’

Khaled Khiari, particularly highlighted the convergence of UN and OIC efforts in the Middle East, especially in seeking a just, comprehensive resolution to the Palestine question…reports Asian Lite News The United Nations

UAE talks big at global SDG meet

The forum provided a platform for the UAE to highlight its pioneering role in accelerating progress toward the 2030 Sustainable Development Goals..reports Asian Lite News The United Arab Emirates reaffirmed its global
Go toTop

Don't Miss

‘India’s G20 presidency has added value’

The envoy also said that there are ‘Positive indications’ of

BRICS Adopts Kazan Declaration

BRICS declaration unequivocally condemns terrorism in all its forms, reaffirming