India to build cricket venue in Maldives

Linkedin Twitter

Maldives new cricket stadium Image: HCIMaldives (Twitter)

India is all set to build a new 22,000-seat cricket stadium in the Maldives under an $800m (£620m/€681m) Line of Credit (LoC) extended to the island nation.

The High Commission of India in Maldives tweeted that the new facility, which would be located in Hulhumalé, will feature the “latest technology”. No timeline for the project has been outlined.

A 100-bed cancer hospital will also be set up in Hulhumalé under India’s LoC agreement with the Maldives.

The High Commission of India in Maldives has teamed up with the Housing Development Corporation Limited, a Government-owned company that is overseeing the development and management of Hulhumalé (Maldives). The two parties will work to develop a central park complex and renovate Hulhumalé’s arrival jetty.

The Housing Development Corporation Limited is a master developer, builder and regulator for the development of Hulhumalé, a planned City situated in the capital region.

The High Commission of India in Maldives further tweeted that the park would host leisure and fitness activities, while the jetty will go on to benefit visitors and residents alike.

The $800m LoC was extended to the Maldives by Exim Bank last March. The LoC is designed to fund development projects in the country.

The project will build on the already close bilateral cooperation in the health sector and include a robust component of human resource development.

Recently, Maldives’ Housing Development Corporation Limited Chairman Mohamed Jaish Ibrahim met with High Commissioner of India to the Maldives, Sunjay Sudhir, to discuss prospective opportunities of developments in Hulhumalé.

Continue to follow Coliseum for latest updates on venues business news. Coliseum is dedicated towards building the best global community of sports and entertainment venue executives and professionals creating better and more profitable venues.

Become a member of the only Global Sports Venue Alliance and connect with stadiums, arenas and experts from around the world. Apply for membership at and make use of the 365Coliseum Business Center including the ‘Get in touch’ business development support tool and the global ‘new projects’ database.

« Previous News:
» Next News:

More News

UNLV at Allegiant with limited number of fans

Fans for UNLV-UNR game at Allegiant Stadium

Published: October 27, 2020

Up to 2,000 fans will be permitted for University of Nevada, Las Vegas (UNLV)’s fixture against... » Read more

Leicester Tigers naming rights

‘Tigers’ den now Mattioli Woods Welford Road

Published: October 27, 2020

The professional rugby union club Leicester Tigers (UK) and longstanding official partner Mattioli... » Read more

NEC Group cuts staff

Pink slips for COVID-bruised NEC Group staff

Published: October 27, 2020

UK’s NEC Group has outlined plans to give the pink slips to more than half its permanent... » Read more

Las Vegas Arena October 2020

Deadline for long-incubating All Net project

Published: October 27, 2020

The All Net Arena project for the north end of Las Vegas Boulevard, which has been in the works for... » Read more

Newsletter sign-up