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Abu Dhabi Fund for Development has signed a loan agreement with Maldives for an additional USD 40 million (MVR 616 million) for the development of Velana International Airport (VIA).
As the government aims to expedite completion of the new terminal at VIA, the Abu Dhabi Fund has even previously given a loan of USD 50 million (MVR 771 million), with USD 180 million (MVR 2.8 billion) having been sourced from the Saudi Fund.
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