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The OPEC Fund
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  2. Male International Airport Upgrading Project

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Male International Airport Upgrading Project

Maldives

Borrower Maldives
Financing Type Public Sector
Instrument Project Loan
Focus Area Transportation
Approved 22.09.1998
Signed 31.01.1999
Status Completed
Loan Administrator OPEC Fund
Executing Agency Airport authority Under the TC
Co-financiers KFAED, SFD, Government
OPEC Fund Contribution (US$m) 1.50
Total Project Cost (US$m) 19.59

This project saw the expansion of Malé Airport's international terminal and the construction of a terminal for domestic passengers, along with the installation of a new power supply and distribution system. An air traffic service center, equipped with satellite-based communication, navigation and surveillance systems was also constructed, and training provided. With tourism now the main engine of economic growth in the Maldives, this project helped relieve the struggle to cope with ever-increasing number of visitors.

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