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<\/a><\/figure>\n<\/figure>\n\n\n\nThe project aims to strengthen the Maldives\u2019 air transport infrastructure by constructing modern international and domestic terminal buildings, in addition to a fully integrated seaplane terminal. The expanded airport is expected to accommodate up to 7 million passengers annually, with future scalability to reach 15 million passengers per year. The expansion will also improve passenger experience and operational efficiency, while supporting cargo and logistics services to enhance trade activity and economic development in the country.<\/p>\n\n\n\n
These efforts form part of the Saudi Fund for Development\u2019s ongoing commitment to advancing sustainable development in the Republic of the Maldives. Since 1978, SFD has provided 17 development loans, financing 14 key projects and programs with a total value exceeding USD 488 million. These projects span critical sectors such as transportation, water and sanitation, health, and infrastructure, reflecting the Fund\u2019s dedication to fostering prosperity and resilience for the Maldivian people.<\/p>\n","protected":false},"excerpt":{"rendered":"
Mal\u00e9, Maldives \u2013 July 26, 2025 In the presence of His Excellency Dr. Mohamed Muizzu, President of the Republic of the Maldives, The Saudi Fund for Development (SFD) Chief Executive Officer H.E. Sultan Al-Marshad, participated in the official inauguration ceremony of the new Expansion of Velana International Airport in Mal\u00e9. Along with the Ambassador of […]<\/p>\n","protected":false},"author":13,"featured_media":56659,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24,516],"tags":[],"class_list":["post-56656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-tourism","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n
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