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India signs contract to develop water projects across Maldives


India signs contract to develop water projects across Maldives
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Synopsis
The contracts were signed between the Ministry of National Planning, Housing and Infrastructure and JMC Projects (India) Ltd., SMC Infrastructures Pvt. Ltd., Triveni Engineering & Industries Ltd. and Vishvaraj Environment Pvt. Ltd. The tendering process for the project was undertaken by Ministry of Finance, Government of Maldives.
Agencies
Indian Line of Credit projects stipulations mandate that 65%-75% of the project components are sourced from India. This leaves ample space for Maldivian businesses and services to be engaged in project implementation.
Contracts to develop Water Supply and Sewerage network across 34 islands of the Maldives were signed on Wednesday in the presence of Minister of Planning, Housing and Infrastructure, Mohamed Aslam, Minister of Finance, Ibrahim Ameer, Secretary (Multilateral) from the Ministry of Foreign Affairs Dr. Hala Hameed and Depu ....

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Indian tourists boost cash registers in Maldives


Indian tourists boost cash registers in Maldives
THE ASIAN AGE.
Updated : Feb 21, 2021, 7:30 am IST
Foreign minister Jaishankar begins two-day visit to India’s south-western maritime neighbour
 External Affairs Minister S Jaishankar witnesses the exchange of agreements between India and Maldives on a wide range of domains. (PTI)
NEW DELHI: Even as External Affairs Minister (EAM) S. Jaishankar began his twoday official visit to the Maldives on Saturday, Indian tourists are setting the cash registers ringing in the tourism-dependent economy of India’s tiny south-western maritime neighbour.
As per statistics of 2021 so far, a whopping 30,000 Indians have visited the Maldives till mid- February out of a total of 1,38,000 foreign tourists this year, the highest number from any foreign nation visiting the Maldives. Even with the pandemic, a total of 62,905 Indians, largest number of tourists, visited the Maldives in 2020. ....

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Jaishankar's Visit to Maldives Yields Results


Jaishankar’s Visit to Maldives Yields Results
Strengthens ties
COLOMBO: Indian Foreign Minister S.Jaishankar’s current foray into the Maldives is meant to further enhance India-Maldives economic ties which have been growing exponentially since the exit of the pro-China Abdullah Yameen regime in 2018.
According to a Maldivian government spokesman Miuvan, Jaishankar would oversee the signing of a number of MoUs and symbolically hand over 100,000 COVIDSHIELD vaccines during his two- day sojourn.
The MoUs would be on: the Second Amendatory Dollar Credit Line Agreement; the Geydhoshu Fish processing plant in N. Kendhikulhudhoo; Cooperation in the Field of Sustainable Urban Development; Cooperation and Collaboration in Broadcasting; and the Letter of Intent between the Fahi Dhiriulhun Corporation and the Export-Import Bank of India. ....

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