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India signs contract to develop water projects across Maldives SECTIONS Share Synopsis The contracts were signed between the Ministry of National Planning, Housing and Infrastructure and JMC Projects (India) Ltd., SMC Infrastructures Pvt. Ltd., Triveni Engineering & Industries Ltd. and Vishvaraj Environment Pvt. Ltd. The tendering process for the project was undertaken by Ministry of Finance, Government of Maldives. Agencies Indian Line of Credit projects stipulations mandate that 65%-75% of the project components are sourced from India. This leaves ample space for Maldivian businesses and services to be engaged in project implementation. Contracts to develop Water Supply and Sewerage network across 34 islands of the Maldives were signed on Wednesday in the presence of Minister of Planning, Housing and Infrastructure, Mohamed Aslam, Minister of Finance, Ibrahim Ameer, Secretary (Multilateral) from the Ministry of Foreign Affairs Dr. Hala Hameed and Depu ....