Bank of Maldives supports development of Nadella Eco Park
The park aims to attract tourists and increase sustainability awareness to preserve the environment for future generations
As reported in The Edition, the successful completion of an Eco Park in Nadella, Gaafu Dhaalu Atoll was announced, through the support of the Bank of Maldives (BML) under the ‘Aharenge Bak’ Community Fund.
The Eco Park project was managed by the Nadella Island Development Society (NIDS) at the island’s mangrove region, with the aim of increasing public awareness and encouraging tourists to experience the natural beauty of the island while preserving it for future generations.
According to Corporate Maldives, the Eco Park is designed with a viewing platform and is decked out with seating areas, waste bins, and solar lighting to create a relaxing, clean, and environmentally sustainable area.
The Nadella island council will oversee maintenance work, as well as manage the Eco Park.
More: Hong Kong developers worry as travel restrictions pummel hotels and malls
NIDS commented on the project stating, “We thank all the volunteers of NIDS and the people of Nadella who supported this project. On behalf of NIDS and the community of Nadella, we sincerely thank Bak of Maldives for funding this project.”
Started in 2019, the Community Fund is a program that aspires to empower individuals and NGOs to play a part in their communities via sustainable development and projects.
Up to this point, the Bank has funded projects in 40 islands across the Maldives.
Recommended
Meet the Bitkub CEO turning real estate on its head with cryptocurrency and tokenised ownership
Jirayut “Topp” Srupsrisopa, CEO of Thai crypto exchange Bitkub, is a true believer in the potential of digitised finance
6 sights to spot in Jardine’s Lookout, Hong Kong
With its sumptuous harbour vistas, this low-density area is one of the most sought-after in Hong Kong
Meet the architect rethinking disability in urban spaces and how cities can be reimagined
Author David Gissen outlines his vision for urban development that takes the needs of disabled citizens into consideration
Why Asia’s mixed-use developments are the future of real estate
Dynamic integrated communities are fusing real estate with commercial, leisure, and other amenities