Afcons Infrastructure Ltd, an Infrastructure arm of Shapoorji Pallonji Group from India signed an agreement With the Republic of Maldives for a $530
Million infrastructure project named ‘Greater Male Connectivity Project (GMCP).
•GMCP project is the largest Infrastructure project in the Maldives.
•Funding: The project will be funded by The Exim Bank of India under the Indian grant and Line of Credit (LoC)
•The project will connect Male, the Capital city of Maldives with adjoining Islands of Villingli, Gulhifalhu and Thilafushi through a 6.74-km-long
Bridge and causeway link.
Currency Maldivian rufiyaa
President – Ibrahim Mohamed Solih