Maldives Transport and Contracting Company (MTCC) has been awarded the second phase of the Maafaru International Airport.

MTCC Managing Director Adam Azim signed the agreement on behalf of the company at a ceremony held at the Planning Ministry. Director General Fatima Shana Farooq signed the agreement on behalf of the Planning Ministry.

According to the Planning Ministry, a total of USD 27.2 million will be spent on the project, which is roughly MVR 419.1 million for the project will be funded by Abu Dhabi Fund. The remaining MVR 25.1 million will be spent from the State Budget.

The project, which is due to be completed within a year, will extend the runway by an additional 650 meters and widen the strip. It will be done by dredging more area. Under the second phase, MTCC will also undertake shore protection measures for the island.

The project also includes upgrading the pavement of the existing runway, widening the taxiway, and upgrading the power system and AGL.