Abu Dhabi Fund for Development (ADFD), which was established on 15th July 1971, is an autonomous national entity affiliated with the Abu Dhabi government. ADFD aims to help developing countries to achieve sustainable socio-economic growth; through financial assistance in the forms of loans, managing government grants and equities. ADFD also peruses investments in order to encourage the private sector in the recipient countries to play an essential part in accelerating the economic development process, and at the same time playing a pivotal role in strengthening and diversifying the future resources of the Fund. The main sectors the fund supports include agriculture, electricity and water, health care, housing, industry and transport.

The first loan from ADFD to Maldives was in 1976 for the Satellite Earth Station Installation project. ADFD has since supported the country in transport, housing and infrastructure, energy and environment projects. The Fund is currently co-financing one of the mega projects of the country, the Velana International Airport Project, and Small Scale Waste to Energy for Addu, R. Vandhoo and H.Dh Clusters Project.

ADFD in the Maldives

Year	Project	Currency	Amount
2017	Velana International Airport Development Project	AED	183,650,000
2015	Small Scale Waste-to-Energy Project	AED	22,038,000
2009	Housing and Infrastructure Project in Tsunami Affected Areas	AED	55,095,000
1979	Airport Project	AED	8,000,000
1976	Satellite Earth Station Installation Project	AED	4,000,000

Website link: www.adfd.ae/english/Pages/Home.aspx