MVR 799M allocated for bridges and tunnel in 2026

The proposed state budget for 2026 allocates MVR 799 million for the construction of bridges and tunnels, according to the Finance Ministry.

A total of MVR 2.4 billion has been earmarked for transport infrastructure development, including roads, ports, airports, and maritime systems. This marks a significant drop from the MVR 4 billion allocated for similar projects in the current year.

The budget for bridges and tunnels has increased from MVR 688 million this year to MVR 799 million next year. Meanwhile, airport development funding has been reduced from MVR 2 billion to MVR 541 million. Port projects will receive MVR 393 million next year, up from MVR 313 million this year.

Roads and highways will see a notable increase, with MVR 556 million allocated for 2026 compared to MVR 303 million this year. Maritime public transport will receive MVR 89 million next year, a sharp rise from the MVR 3 million allocated this year.

The Finance Ministry has proposed a total budget of MVR 64 billion for 2026, an increase of MVR 7.4 billion compared to the MVR 56.6 billion budget implemented this year.

The budget reflects the development vision of President Dr Mohamed Muizzu. However, some aspects, such as tunnel construction, have drawn criticism, with Construction Minister Abdullah Muthalib previously stating that the necessary technology is not yet available.

The bridge connecting the capital to the outer islands is expected to be completed by September next year.