China to “favorably consider” financing Malé-Hulhulé bridge if project proves feasible
26 Oct 2014, 6:51 PM
Zaheena Rasheed
China will “favorably consider” providing financial support to the construction of Malé – Hulhulé bridge project, if the venture proves feasible, the Embassy of China has said.
Speaking at a brief press conference at the President’s Office, Charge d’affaires ad interim of China Embassy Mr Liu Qiang revealed details of the MOU signed between China President Xi Jingping and President Yameen Abdulla in September.
He also explained that a Chinese survey team will complete a preliminary feasibility study of the project within 40 days.
The preliminary study will be followed by a project feasibility study. Afterwards, a design plan will be determined and the two governments will explore options to finance the project.
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