Signing of Grant and Loan Agreement with the Asian Development Bank for the South Asia Subregional Economic Cooperation National Single Window Project

18th June 2019

The Government of the Republic of Maldives and the Asian Development Bank (ADB), has today signed a Grant Agreement (Special Operations) concerning an amount of USD 5,000,000 (United States Dollars Five Million) and a Loan Agreement (Ordinary Operations Concessional) concerning an amount of USD 5,000,000 (United States Dollars Five Million) for the purpose of financing the National Single Window Project.

The Minister of Finance Mr. Ibrahim Ameer signed the agreement on behalf of the Government of Maldives, and Mr. Ronald Antonio Butiong, Country Director signed on behalf of the Fund. The Ceremony was attended by Minister of Economic Development, as well as senior officials of Ministry of Finance and Ministry of Economic Development.

The project will leverage information and communication technology (ICT) to provide online access to carry out border control procedures. This will enable traders and other service providers to transact business using electronic forms. In addition, the project will facilitate sharing of harmonized data to enable automated processing of documents across stakeholder systems. This will contribute to the government’s sectorial strategy to establish a single window system for international trade facilitation.


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