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On July 17, a dedicated coordination meeting was held to discuss the refinancing arrangements for the Maldives Hokandu Tourism Complex Project. The meeting was attended by representatives from China National?Electric Engineering Co., Ltd. (CNEEC), led by Chen Na, CFO and Deputy General Manager, along with the project owner, China Export & Credit Insurance Corporation (Sinosure), China Construction Bank (CCB), and other partners. The session focused on exploring feasible financing solutions under current conditions and jointly advancing the refinancing process.

During the meeting, the project owner provided an update on the preliminary achievements in refinancing arrangements and policy coordination, emphasizing the Maldivian government’s strong commitment to the project. The government expressed its willingness to mobilize resources to ensure successful financing. Participants engaged in in-depth discussions on key issues, including commercial guarantee mechanisms, financing structures, and approval timelines, reaching a preliminary consensus on the next steps.

As a core participant in the project, CNEEC will leverage its expertise in overseas project financing to collaborate closely with the owner and financial institutions, accelerating the completion of the financing process to ensure the timely implementation of the Hokandu project.