India and Maldives signed MoU Hanimaadhoo International Airport: Government of Maldives has signed an MoU with the Indian JMC Projects for Maldives Hanimaadhoo International Airport Development Project.
September 2022 Current Affairs Quiz
The worth of project is about USD $136.6 million. It was confirmed that the project will be financed by India’s Exim Bank. The Maldives govt is expected to build a 2.46 kilometer runway in addition to a terminal that can serve 1.3 million passengers annually. The construction work is expected to be fully operational by the year 2024.