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
Exploring A Life By Design’s maximalist approach to interior design
Andrea Savage is embracing the maximalist trend with bold and vibrant interior designs
Jakarta’s emerging innovation hub integrates tech and healthcare sectors
The Digital Hub in BSD City is being positioned as Indonesia’s counterpart to Silicon Valley
Philippine real estate sees growth in regional markets despite challenges in Metro Manila
Amid pressures, developers and investors are capitalising on a range of opportunities to drive growth in the nation's real estate sector
Bali leads the charge in Indonesia’s rental boom while other regions struggle to keep pace
The rental market is soaring in Bali due to its rich cultural heritage and island charm, while other regions of Indonesia are experiencing less success