India to build 100-bedded Cancer Hospital and a 22,000-seater Cricket Stadium in Maldives, under the USD 800 million Line of Credit (LoC)

The announcement was made by the Indian Embassy through a tweet that said that the development projects in the Hulhumale will benefit both the visitors and the residents.

In March 2019, the Exim Bank had extended a USD 800 million LoC to the Maldives for development projects in the island nation.