Spokesperson at the President's Office, Miuvan Mohamed on Thursday highlighted that the sale of India's Afcons Infrastructure will not affect any of the projects that the company is running in the Maldives.

Shapoorji Pallonji Group, controlled by billionaire Shapoor Mistry, is currently weighing asset sales including a controlling stake in its flagship engineering firm Afcons, that could raise about $2.5 billion, according to Indian media reports.

Afcons is the company contracted with the largest infrastructural project in the Maldives to date, the Thilamalé Bridge which aims to connect Malé, Villimalé, Gulhifalhu and Thilafushi via a bridge. Afcons is also contracted with a road development project in Addu City.

Speaking during a press meet at the President's Office on Thursday, Miuvan reassured that the sale of Afcons will not affect any of the projects that they were running. He further stressed that the sale will also not affect any of the agreements between the Government of Maldives and Afcons.

Miuvan highlighted that certain politicians and activists have been trying to spin the narrative in their favor, though their claims were far from the truth.

He further stated that the construction work on the bridge is ongoing as planned, adding that the public who visit the area daily can also see the ongoing construction process.