Greater Male Connectivity Project – India and Maldives

28 August 2021 Current Affairs:The India Government and Maldives inked the contract for the mega Greater Male Connectivity Project (GMCP). The Greater Male Connectivity Project is the largest-ever civilian infrastructure undertaking in the Maldives. 

Highlights:
♦ The Indian Government is funding the implementation of GMCP through a USD four hundred million Line of Credit (LoC) and USD a hundred million grant. The USD 400 million LoC will be furnished via the Export-Import Bank of India.
♦ This project will be developed by Indian construction & engineering firm, AFCONS, primarily based in Mumbai, Maharashtra. The Greater Male Connectivity Project (GMCP) contains a 6.74 km lengthy bridge and causeway hyperlink that will join the national capital Male with three neighbouring islands namely: Villingili, Gulhifahu and Thilafushi.
 

Leave a Reply

Your email address will not be published.