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Which countries are signed MoU Hanimaadhoo International Airport Development Project on 25th Sep 2022?
A)
India and Maldives
B)
India and Sri Lanka
C)
India and Thailand
D)
India and Mauritius

Correct Answer :   India and Maldives


A contract for Maldives Hanimaadhoo International Airport Development Project was signed between Government of Maldives and JMC Projects (India) on Sunday(25th Sep 2022).
 
It is the first ever major infrastructure project to be undertaken outside Greater Male' region and is funded under the USD 800 million concessional Line of Credit (LoC) extended by Government of India to the Maldives. 
 
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 scope of the project includes major infrastructure and operational upgrade on the airside, landside and building infrastructure to meet the future growth of traffic to the Maldives in general, and the northern region of Maldives in particular. 
 
The project will see the construction of a new 2.46km runway and a terminal with a capacity of 1.3 million passengers per annum. Facilities will also be established to further expand international flights.
 
The construction work is expected to be fully operational by the year 2024..

Source : Economic Times

Published On : September 28, 2022
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