$100 million deal to deploy 100 electric hydrofoil boats across the Maldives
By
Mike Starling
Summary
US maritime tech company Navier and Dubai-based JIH Global Investment have announced a $100 million partnership to deploy up to 100 electric hydrofoil boats across the Maldives. The Navier Network aims to create a sustainable maritime corridor connecting airports, resorts, private villas, and local islands, promising smoother and more eco-friendly transfers for travelers in the archipelago.
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Key quotes
· 3 pulledGetting from the airport to a private island resort in the Maldives could soon become smoother and more sustainable after plans were announced to deploy up to 100 electric hydrofoil boats across the archipelago.
US maritime technology company Navier and Dubai-based JIH Global Investment have confirmed a $100 million (€87 million) partnership to establish the Navier Network.
The project promises to modernise one of the defining parts of a Maldivian holiday.
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