In his address to Parliament, the President of the Maldives, Solih, underlines the role of India in the development
Delivering his speech at the opening session of the Parliament of the Maldives, President Ibrahim Mohamed Solih highlighted India’s role in the development of the country.
Recalling India’s assistance in the development of Addu town, the President said, “Currently, with the line of credit provided by India’s Exim Bank, road works are underway to address the flood problem. in the city”, while emphasizing that the development of the city is “crucial for the development of the rest of the country”.
Addu is the second largest urban area in the Maldives.
Last year, Indian engineering firm Afcons and the Maldives signed a $500 million infrastructure project for the construction of the Greater Male Connectivity Project (GMCP).
In his speech, the president announced that in December the country repaid the $250 million swap facility taken from India’s central bank, the RBI. The facility was taken in July 2019 to help run the state reserve.
Speaking on housing, which has been the government’s main focus, President Solih said, “A total of 2,180 houses are being built to provide housing in the atolls. Through the “Gedhoruveriyaa” loan scheme, 82 people will receive more than 42 million MVR.”
Last year, India also signed a pact for social housing in the Maldives. India’s Exim Bank has reached an agreement with Maldivian Fahi Dhiriulhun Co-op to provide buyers’ credit of about $227 million for the construction of 4,000 social housing units in Hulhumale Phase 2.
The president expressed his optimism that solar units will be installed in thousands of homes before the end of the year under the solar program.
He also mentioned the use of Dornier aircraft in “multiple operations” by the Maldives military, saying the country’s coast guard “provided emergency assistance to a total of 531 people during 364 incidents at sea and transported 2,199 emergency patients without any consideration for weather conditions.”
India has donated Dornier aircraft to the country, discussions of which began in 2016. Most of these Dorniers donated to the Maldives National Defense Force have been engaged in humanitarian efforts and EEZ surveillance.
He expressed his gratitude to India, China, Japan, USA, UAE, Saudi Arabia, Kuwait, Pakistan, Sri Lanka, Bangladesh and EU , as well as to other friendly countries for all “development assistance given to the Maldives”.
The speech was delivered in accordance with Article 84 of the Constitution of the Maldives at the start of the first session of Parliament which started on Thursday.
During his address, he gave an overview of the state of the country and his plans for its improvement.
Regarding the role of the Maldives in the region, he said, “The Maldives continues to play an important role in ensuring peace and security in the Indian Ocean in close cooperation with its neighbours.”
One of his main announcements during his speech was a national campaign called “National Moderation Campaign” to fight against extremist ideologies. The campaign will begin this year.