Development of Gan International Airport – Gateway to Southern Maldives
The Ministry of Economic Development has begun the tender for the development of Gan International Airport on 4th October 2022. The project entails the development of the terminal with the capacity to cater to 1.5 million passengers per annum. The project is further looking to develop shopping, dining, lounge, cargo, ARFF, and other facilities.
Featured Image: Proposed illustration, Gan International Airport development project, Economic Ministry
Under the line of credit, the EXIM Bank of India allocated a cost of $17 million (MVR 272.2 million). Exim Bank has also announced that it has extended a line of credit of USD 100 million to the Maldives for financing developmental projects. Projects being funded through the LOCs include Greater Male’ Connectivity Project, Water, and Sewerage Projects, International Cricket Stadium Project, Defence projects, Gulhifalhu Port Project, Hanimaadhoo Airport Project, Gan Airport Project, Fisheries Project, Road Construction Project, and Sports Infrastructure, it said.
Featured Image: Proposed illustration, Gan International Airport development project, Economic Ministry
Gan International Airport serves as the main gateway to Southern Maldives. As such, the expansion of a new and modern passenger terminal is critical to the development of other industries in the southern region. The Ministry of Economic Development aims to start the groundwork for the project in late 2022. As of now, only two airlines fly to Gan International Airport including Sri Lankan Airlines and national airline Maldivian.
Featured Image: Proposed illustration, Gan International Airport development project, Economic Ministry
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