Ministry of Finance and Planning and MACL Sign Agreement to Develop Airport in Aa. Mathiveri

Ministry of Finance and Planning and MACL Sign Agreement to Develop Airport in Aa. MathiveriThe Ministry of Finance and Planning and Maldives Airports Company Limited (MACL) have signed an agreeme...

Mohamed Hilmy

20 August 2025, 00:00

Ministry of Finance and Planning and MACL Sign Agreement to Develop Airport in Aa. Mathiveri

The Ministry of Finance and Planning and Maldives Airports Company Limited (MACL) have signed an agreement to develop a new airport in Aa. Mathiveri, marking a major infrastructure initiative for the atoll.

The agreement was formalized during President Dr. Mohamed Muizzu’s visit to Alifu Alifu Atoll, where he met with the residents of Mathiveri. CEO and Managing Director of MACL, Ibrahim Shareef Mohamed, signed on behalf of MACL, while State Minister Hussain Imran represented the Ministry of Finance and Planning.

Under the deal, MACL will finance, design, and construct the new airport. The project also includes the reclamation of land for the airport, along with an additional 26.5 hectares adjacent to Mathiveri, designated for residential development to support population growth and community needs.

Speaking at the signing ceremony, President Muizzu underscored the importance of the project, describing it as one of his key campaign pledges. He assured residents that the airport will be financially sustainable and will deliver wide-ranging benefits to Mathiveri, the atoll, and the nation’s tourism industry.

The President further pledged that the airport will be completed and operational within two and a half years, reinforcing his administration’s commitment to delivering on infrastructure development across the Maldives.

Ministry of Finance and Planning and MACL Sign Agreement to Develop Airport in Aa. Mathiveri

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