Sunday, July 29, 2007

Netherlands donates Euro 9 million as aid to Villingili projects

Netherland’s government has donated Euro 9 million (RF 153 million) as aid to the construction of harbor and land reclamation project in Gaafu Alifu atoll Villingili.

In addition, a loan agreement was signed last month between Maldivian Government and a bank in Netherland, for Euro 8.57 million (RF 148 million) in order to build Gaafu Alifu atoll Villingili as a safe island due to the destruction left by the 2004 tsunami.

According to a press release from Department of External Resources, the donation agreement was signed by Foreign Minister, Dr. Ahmed Shaheed on behalf of the Maldivian Government. On behalf of the Netherland government, the agreement was signed by the Netherland Ambassador appointed for Maldives, R. S. Van Dyke.

Source: Haveeru Online

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