Mega Projects

Saudi Arabia opens embassy in Maldives

Saudi Arabia opened an embassy in the Maldives for the first time on Sunday as agreed upon during President Abdulla Yameen’s state visit to the kingdom in March.

Government authorised to award multi-million dollar projects without bidding

Changes brought to the public finance regulations by the finance ministry in late May has authorised the cabinet to award ‘mega projects’ and projects carried out with concessional loans or assistance from a foreign country without a bidding process or approval by the tender evaluation board.

Chinese President Xi Jinping due to visit Maldives

Political consensus necessary for success of SEZs, cautions MMA governor

China pledged assistance for bridge project, says President Yameen

MDP to protest against “dangerous” SEZ bill