News In Brief

Majlis approves US$11,122,700 loan for Fuvahmulah water and sewerage

27 Nov 2013, 8:15 AM

Minivan News

The People’s Majlis has approved a loan worth US$11,122.,700 to establish a water and sewerage system on Fuvahmulah Island.

The Kuwait fund provided loan has a grace period of four years and is to be repaid over 24 years.

Fuvahmulah Island located in southern Maldives has a population of 11,140 people.

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