India-Maldives Partnership: Driving Development in the Indian Ocean Region
India and the Maldives aim to modernize their partnership, External Affairs Minister S Jaishankar stated. Key projects include the Addu Reclamation and Shore Protection Project and the redevelopment of Addu Roads and Drainage. These initiatives are part of a broader collaboration aiming for impactful community development and regional growth.
![India-Maldives Partnership: Driving Development in the Indian Ocean Region](https://devdiscourse.blob.core.windows.net/aiimagegallery/10_06_2024_16_11_48_2650539.png)
India and the Maldives are taking their partnership to new heights, External Affairs Minister S Jaishankar announced on Sunday. The two countries are working on a range of initiatives, including the Addu Reclamation and Shore Protection Project and the 4-lane Detour Link road project, funded under India's Line of Credit from EXIM Bank.
Jaishankar emphasized that the Maldives is central to India's Neighbourhood First policy, highlighting the shift from traditional cooperation to a modern partnership. The Indian government has invested approximately USD 220 million in the Maldives, underlining the significance of regional development.
Key projects include the reclamation of 184 hectares of land for tourism and economic purposes, the redevelopment of Addu Roads and Drainage, and the Gan International Airport upgrade. These ventures are expected to boost employment, investment, and community development, fostering long-term economic growth.
(With inputs from agencies.)