India pledges $565 million to Maldives to boost defence, infrastructure

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  • India pledges $565 million to Maldives to boost defence, infrastructure

India's Prime Minister Modi offered $565 million to the Maldives on Friday to bolster its defence forces and infrastructure.

The President of the Maldives met with Modi twice last year in New Delhi, and both leaders vowed to begin a "new chapter" in bilateral ties. He also inaugurated several infrastructure projects, including roads funded by India along with a 4,000-unit housing scheme.

The President said the credit line from India would be used to strengthen the Maldives' security forces, improve healthcare, housing, and education. Modi is due to leave the archipelago on Saturday after attending the 50th Independence Day celebrations in the capital Male.

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