President Dr. Mohamed Muizzu launched a megaproject to develop the Velana International Airport and economic zone to cater to 25 million passengers. He inaugurated the project at a ceremony held at Dharubaaruge last Thursday.
The ceremony, attended by Vice President Hussain Mohamed Latheef, Cabinet members, and senior government officials marked the start of a 20-year plan for the airport.
President Dr. Muizzu stated that the inauguration embodies the aspirations of every Maldivian citizen, emphasising that this development phase would run simultaneously with the previous one, increasing the original capacity objective of 7 million to 25 million passengers following completion.
The project, set to finish in a decade, involves moving the seaplane terminal, improving the domestic terminal, and turning Funadhoo Island into a financial hub. President Dr. Muizzu envisions bridges connecting Funadhoo, Malé, Hulhulé, and Hulhumalé, fostering development.
Beyond passenger goals, the project boosts fuel storage to 100 million liters, meets EU safety standards, and expands the domestic terminal with modern services. Special terminals for low-cost carriers and jets, increased parking, a vast cargo terminal, water runways, and an economic zone in Funadhoo are also part of the plan, creating business opportunities. As the first phase nears completion, Velana International Airport promises a transformed air travel experience for the Maldives.