Agreement Signed For The Development Of Hanimaadhoo International Airport

Last night, Ministry of Economic Development hosted a special ceremony to mark the agreement signing event for the development of Hanimaadhoo International Airport. The agreement was signed on behalf of Maldives by Regional Airports Company. JMC Projects, an Indian company was awarded the bid for the airport and signed the agreement as well. Minister of Economic Development, Mr. Fayyaz Ismail attended the ceremony as the Chief Guest.

With a project value of USD 136,625,386.44, this project will be the biggest initiative undertaken by the Government of Maldives outside the Greater Male’ region. Hence, highlighting the government’s aim of broadening decentralization progress and provincial economy in the Maldives.

The Hanimaadhoo International Airport Development Project is being funded by a credit line from India’s Exim Bank. The scope of the project includes the establishment of a 2460m long new runway and the construction of an ultra-modern terminal with a capacity to serve 1.3 million passengers. Additionally, other necessary facilities will also be installed at the airport as part of the project.

Designed to showcase the marine life of Maldives, the airport structure is modelled to mimic a species of ray in the ocean. Set to be completed within two years’ time, the airport will be managed and operated by Regional Airports Company.

Once the airport is developed, both the Airbus A320 and Boeing 737 commercial class aircrafts can be operated to Hanimaadhoo International Airport. Moreover, scheduled flights from the Middle East, South Asia, South East Asia and East Africa can be directly operated to the airport, paving way for more convenient travels to the Maldives.