The government has announced that it is seeking finance to upgrade the Kadhdhoo Airport to international standards on a cross-subsidy basis.
In a directive, President Ibrahim Mohamed Solih announced plans to upgrade Kahdhoo Airport in Laamu Atoll on a cross-subsidy basis. The project is expected to cost over USD5 million, as per the directive.
The government expressed the belief that one of the most important steps in developing the atoll as an economic hub is to further develop and enhance the airport established at Kadhdhoo. The government said it aims to commence the project to upgrade the airport as an international airport by the end of the year.
The directive allocated a minimum cost of USD3 million for the construction of airports in six regions of the Maldives. Cross-subsidised projects are designated by the government to be implemented under an economic policy for the general benefit of the state.