Abu Dhabi Fund for Development and Maldivian Ambassador

The Abu Dhabi Fund for Development, ADFD, has explored new ways of collaboration and cooperation with Maldives at a meeting between Mohammed Saif Al Suwaidi, Director-General of ADFD and the non-resident Ambassador of Maldives to the UAE, Abdullah Hamid.

The meeting, attended by ADFD’s senior management, highlighted joint endeavours, opportunities and partnerships within the islands, to support the Maldivian government with its development goals.

Reaffirming ADFD’s commitment towards sustainable socio-economic growth, Al Suwaidi, said, "Over the past four decades, the ADFD has enjoyed close and friendly ties with the Maldivian government. Our meeting today broadens these ties and solidifies relations for the future. At the Abu Dhabi Fund for Development, we search for development efforts across the globe to enrich economies, implement change and deploy stimulus projects that benefit targeted populations and alleviate living standards to comply with societal demands."

Abdullah Hamid commended the UAE’s global initiatives for sustainable development. He emphasised the Maldivian government’s keenness to work closely with the UAE to further constructive cooperation that in turn will boost job opportunities, economic output and social standards.

He recognised the fund’s unique approach and monumental role towards aiding, supporting and driving growth in all key socio-economic sectors and ultimately equipping nations with the tools and means for longevity and prosperity.

The ambassador lauded ADFD’s tailored strategy within the Maldives and highlighted the 2015 renewable energy project, which contributed to the generation of approximately 4 MW of power. The project helped boost the energy sector and the production of electricity in Addu, the second-largest inhabited city in the Maldives.

The ADFD started helping Maldives in 1976, and since then has contributed towards key efforts for growth and financed projects in telecommunications, transport, housing and energy sectors, totalling more than AED 68.6 million.