Abu Dhabi Fund For Development Launches Maafaru International Airport To Boost Maldives' Infrastructure And Economy

The Abu Dhabi Fund for Development (ADFD) has launched the Maafaru International Airport project in the Maldives, investing around AED367 million. This initiative highlights a shared dedication to enhancing crucial sectors and fostering a sustainable future. The ceremony was attended by Mohamed Saeed, Minister of Economic Development and Trade of the Maldives; Dr. Abdulla Muththalib, Minister of Construction, Housing and Infrastructure; and Mohamed Saif Al Suwaidi, Director-General of ADFD.

Dr. Abdulla Muththalib highlighted the strategic partnership with ADFD as pivotal in delivering impactful projects that align with national priorities. The Maafaru International Airport project exemplifies this collaboration by strengthening transport infrastructure, boosting economic activities, creating jobs, and enhancing the Maldives' role in global trade and connectivity.

Mohamed Saeed expressed gratitude towards President His Highness Sheikh Mohamed bin Zayed Al Nahyan for his commitment to sustainable development in the Maldives. He noted that UAE's support underscores strong bilateral relations and its dedication to helping partner nations achieve their development goals. ADFD's role in financing transformative infrastructure projects remains crucial for the Maldives' economic growth.

The airport features a 2,850-metre-long runway accommodating Airbus A330 and Boeing B-777 aircraft. This development aims to meet rising passenger demand and serves as an entry point to seven luxury resorts in the Maldives and nearby areas. The project is expected to significantly boost tourism, trade, and global investment opportunities.

Mohamed Saif Al Suwaidi stated that this event marks a significant milestone in cooperation between ADFD and the Maldivian government. The airport inauguration reflects a mutual commitment to sustainable development and infrastructure enhancement in partner countries. He believes this project will attract foreign investment, boost tourism growth, and support long-term economic development.

Commitment to Sustainable Growth

Since 1978, ADFD has financed 11 strategic projects in the Maldives worth over AED1.11 billion. These initiatives have supported essential sectors like transport, energy, tourism, and healthcare, contributing significantly to improving quality of life and driving economic growth.

Dr. Abdulla Muththalib emphasised integrating innovative technologies from inception to execution to enhance aviation safety while focusing on environmental sustainability. This approach ensures operational efficiency while preserving the Maldives' unique natural ecosystems.

The Maafaru International Airport construction represents a transformative milestone for national development according to Mohamed Saeed. It will enhance infrastructure capacity, accelerate sustainable economic growth, and position the Maldives as a premier destination for tourism and trade.

The completion of Maafaru International Airport aligns with shared visions of driving economic progress and enhancing infrastructure resilience. This project is expected to yield multiple strategic benefits such as attracting foreign investment and supporting long-term economic development in the Maldives.

With inputs from WAM