Status: Approved
Timeframe: 2020-2027
Area: Greater Malé capital region, Maldives
AIIB Investment Amount: US$ 40 million
Total Project Cost: US$ 151.13 million
Co-financier: ADB; Japan Fund for the Joint Crediting Mechanism (JFJCM); Government of Maldives
E&S Category: A
Project Details: Co-financed with the Asian Development Bank (ADB) this projects sets out to construct a regional waste management facility, including construction of a 500-ton per day (tpd) Waste-to-Energy (WTE) plant.
Capacity: 8MW
Resettlement: No resettlement or land acquisition is expected to result from the project.
Organizations monitoring: NGO Forum on ADB – Photobook
AIIB interactions to date: Field visit in May 2022.
Further information: AIIB Page
Last update: 31.12.2023
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Dr. Nora Sausmikat
China desk/Campaigns on Multilateral Development Banks
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Knud Vöcking
Campaigns on Multilateral Development Banks
knud [at] urgewald.org
+49 (0)2583/30492-14
Dr. Dustin Schäfer
Campaigns on Multilateral Development Financial Institutions, Focus: Accountability and Transparency
dustin [at] urgewald.org