Major Investment Elevates Maldives’ Aviation Infrastructure

The Maldives has marked a significant milestone with the inauguration of the upgraded Velana International Airport, a project backed by a substantial AED 330.5 million investment from the Abu Dhabi Fund for Development (ADFD) and regional partners. This development is set to enhance the airport’s capacity, enabling it to accommodate over 7 million passengers annually. The expansion is part of a broader strategy to bolster the nation’s aviation infrastructure, which is crucial for supporting its thriving tourism industry.

Strategic Partnership with Abu Dhabi Fund for Development

The collaboration with ADFD underscores a long-standing partnership aimed at fostering sustainable development in the Maldives. The fund’s involvement highlights its commitment to driving economic progress in the region through strategic investments in key infrastructure projects. This partnership not only enhances connectivity but also positions the Maldives as a more accessible destination for international travelers.

Boosting Tourism and Economic Growth

The inauguration of Velana International Airport follows closely on the heels of the recent opening of Maafaru International Airport. Together, these projects are pivotal in enhancing the Maldives’ connectivity, thereby supporting its tourism sector—a vital component of the nation’s economy. By improving access and increasing capacity, these airports are expected to attract more visitors, contributing significantly to economic growth and job creation.

Commitment to Sustainable Development

ADFD’s involvement in these projects reflects its dedication to promoting sustainable development across its partner countries. The enhancements at Velana International Airport are designed not only to meet current demands but also to accommodate future growth, ensuring that the Maldives can continue to thrive as a premier tourist destination while maintaining its commitment to environmental sustainability.