During the visit President Alkhalifa will meet the President of the Maldives, Mohamed Muizzu, Minister of Finance, Moosa Zameer, and Minister of Construction and Infrastructure, Abdulla Muththalib to discuss ongoing and future collaboration in key sectors such as water & sanitation, transport and tourism.
The OPEC Fund
The OPEC Fund for International Development (the OPEC Fund) has announced that it is strengthening its long-standing cooperation with the Maldives with a new Country Partnership Framework (CPF). The agreement will be signed during a visit by OPEC Fund President Abdulhamid Alkhalifa from July 26–29 and marks a new phase of collaboration, with USD150 million in new financing earmarked for the next three years.
Our partnership with the Maldives has delivered clean water, safer harbors and vital infrastructure that makes a real difference in people’s daily lives. This visit is an opportunity to deepen our engagement, explore new opportunities and continue working together to improve living conditions and expand opportunities across the islands.
During the visit President Alkhalifa will meet the President of the Maldives, Mohamed Muizzu, Minister of Finance, Moosa Zameer, and Minister of Construction and Infrastructure, Abdulla Muththalib to discuss ongoing and future collaboration in key sectors such as water & sanitation, transport and tourism.
The mission was officially kickstarted on 24 July 2025 with the Vice President of the OPEC Fund for International Development meeting with the Managing Director of the State Trading Organisation (STO).
Our Vice President for Public Sector Operations, Shaimaa Al-Sheiby, kicked off the mission today with a meeting with Mr. Shimad Ibrahim, Managing Director of the State Trading Organization, to discuss sovereign trade finance opportunities, supporting island resilience and economic growth. Our President Dr. Abdulhamid Alkhalifa will lead our delegation from July 26–29, for a series of high-level meetings and project site visits.
The OPEC Fund President will also attend the inauguration of the new international passenger terminal at Velana International Airport in Malé, a USD1 billion flagship infrastructure project co-financed by the OPEC Fund alongside multilateral development partners to strengthen the country’s tourism and transport capacity.
In addition, the delegation will visit OPEC Fund-financed development projects on the outer islands Dharavandhoo, Kudarikilu and Kendhoo. These water supply, sanitation and waste management projects are improving access to essential services for more than 125,000 Maldivians across over 60 islands.
The OPEC Fund has supported the Maldives since 1977, committing over USD450 million across public and private sector operations and trade finance to date. The partnership has contributed to the delivery of key national development priorities, including climate resilience, clean water, energy, food security and infrastructure.
