MVR 1.9 billion spent on transport projects

Statistics from the Ministry of Finance and Public Enterprises show that 83 percent of the allocated budget has been spent for such projects within the 2026 budget. MVR 2.3 billion was allocated for transport projects.

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MTCC working on the part of Ameenee Magu in front of Iskandharu Koshi -- Photo: MTCC

Umar Shan Shafeeq

2026-10-18 10:47:22

MVR 1.9 billion has been spent this year for transport projects within the 2026 budget's Public Sector Investment Program (PSIP).

Statistics from the Ministry of Finance and Public Enterprises show that 83 percent of the allocated budget has been spent for such projects within the 2026 budget. MVR 2.3 billion was allocated for transport projects.

The highest expenditure within transport projects has been set aside for the bridge, which is MVR 798 million. The second largest expenditure is for road repair at MVR 556 million. This year has seen asphalt pouring efforts be conducted on Boduthakurufaanu Magu in Male', which are projects that have been moving forward within the budget.

In addition to the road repair, expenses include MVR 540 million to develop the airport and MVR 393 million to construct the harbor.

While MVR 4.8 billion has been spent for PSIP projects as of yet, 40 percent of it was spent on transport projects.

MVR 8.3 billion was allocated in the budget for PSIP projects, which is an additional MVR 2 billion compared to 2025.

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