Business & Partnership

Maldives inks water deal with UAE company

The Maldives Environment Ministry has inked a US$8.6 million (Maldivian Rufiyaa MVR133 million) contract with the UAE-based Water Engineering Services FZE to establish drinking water facilities on 32 islands.
Sep 21, 2018
The Maldives Environment Ministry has inked a US$8.6 million (Maldivian Rufiyaa MVR133 million) contract with the UAE-based Water Engineering Services FZE to establish drinking water facilities on 32 islands.
 
Facilities on seven islands will reportedly be funded from the state budget and loans from OPEC Fund for International Development (OFID).
 
More than MVR104 million for the other 25 islands comes from the Green Climate Fund.
 
The 10-month project involves setting up tanks to store rainwater along with units to filter, disinfect and store clean water.
 
The contract was signed just three days before the presidential election, the Maldives Independent reported.

Leave a Reply

Your email address will not be published. Required fields are marked *

Sikkim's unique mountain architecture in need of protection

The Government of Sikkim realized something needs to be done and the newly-adopted Sikkim Tourism Policy is crystal clear about this. It states in Chapter 4: Application of appropriate designs for tourism infrastructure that considers the landscape, disaster risks, local architecture and materials needs to be addressed, writes Anne Fee

Read more...

Nepal's economy expanding, GDP growth 6.3 per cent: IMF

On February 8, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Nepal.

Read more...
Tweets about SAMonitor
SAM Facebook
SiteLock