AIIB Watch Cases

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