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India will build a 100-bedded cancer hospital 22,000-seater cricket stadium in Hulhumale here, under the USD 800 million Line of Credit (LoC) that was extended to the country last year, according to the Indian Embassy in Maldives on Wednesday."A 100-bed state-of-the-art Cancer Hospital will be set up in Hulhumale under the USD 800 million Line of Credit extended to the Maldives. This project will build on the already close bilateral cooperation in the health sector and include a robust component of human resource dvpt," Indian Embassy here tweeted."A modern cricket stadium using the latest technology and a capacity to seat 22,000 spectators will also come up in Hulhumale under the USD 800 million LoC," it said in another tweet.Indian embassy also said that the development projects in the Hulhumale will benefit both the visitors and residents."Honoured to partner with Housing Development Corporation Ltd. Dvpt. of Central Park and renovation of the Arrival Jetty in Hulhumale are grant projects close to our heart. While the Park is the perfect place for leisure and fitness activities, the Jetty will benefit visitors and residents alike," it wrote on Twitter.On Tuesday, Maldives' Housing Development Corporation Ltd chairman, Mohamed Jaish Ibrahim, met with High Commissioner of India to the Maldives, Sunjay Sudhir, to discuss prospective opportunities of developments in Hulhumale.In March 2019, the Exim Bank had extended a USD 800 million LoC to the Maldives for developmental projects in the island nation.Projects covered under the LoC include several infrastructure development projects.Last month, India had extended a USD 250 million loan to the Maldives government to mitigate the impact of the COVID-19, in which the State Bank of India will subscribe to a Treasury Bond issued by the Maldives government with a 10-year tenure.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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Mumbai, Aug 2 Housing Development Finance Corporation (HDFC) on Monday reported a rise of 31 per cent in ... ...

Non-banking finance company Housing Development Finance Corporation (HDFC) on Monday reported a profit before tax of Rs 3,905 crore for the quarter ended June 30 compared to Rs 3,607 crore in the previous year. ...

Home loan lender Housing Development Finance Corporation (HDFC) on Friday reported 42 per cent growth in net profit at Rs 3,180 crore in the quarter ended March as compared to Rs 2,233 crore in the same period of previous year. ...

Home loan lender Housing Development Finance Corporation (HDFC) said on Tuesday its profit after tax stood at Rs 2,926 crore for the quarter ended December 31, 2020 as compared to Rs 8,372 crore in the same period of previous year. ...

Non-banking finance company Housing Development Finance Corporation (HDFC) has signed a pact to sell its 24.48 per cent stake in Good Host Spaces, a company engaged in the business of managing student housing facilities, for nearly Rs 233 crore. ...

Non-banking finance company Housing Development Finance Corporation (HDFC) has reported loan disbursements during the September quarter at 95 per cent of the level in corresponding quarter of previous year. ...

India will build a 100-bedded cancer hospital 22,000-seater cricket stadium in Hulhumale here, under the USD 800 million Line of Credit (LoC) that was extended to the country last year, according to the Indian Embassy in Maldives on Wednesday. ...