Maldives is Open For Business!

Maldives Investment Forum organized by the Ministry of Economic Development has taken place at Expo 2020 currently ongoing in Dubai. Aimed at presenting the investment opportunities in the Maldives in different areas, the forum was focused on attracting international investors to the destination. 
 
President Ibrahim Mohamed Solih graced the event, accompanied by a high-level delegation consisting of ministers and cabinet members. Business entities from around the world also participated in the forum.  

 
Inviting investors to the Maldives, President Solih stated that the Maldives is open for business and it is a topmost priority of the government to foster economic growth through sectoral diversification, environmental sustainability and the prosperity of the Maldivian societies. He said this in order to achieve this goal, work is being done to promote and enable environment entails removing unnecessary bureaucratic red tape with streamlined procedures to establish businesses, increase access to finance and ensure greater responsiveness, transparency, immutability and security for investors. He also noted that the Maldives' legal and regulatory environment had substantially improved through the various policy reforms targeted at facilitating new investments in infrastructure, transportation, services, and energy. 
 
Located at the crossroads of the Indian subcontinent, the Maldives is an attractive strategic trade conduit between the East and the West.  

 
Minister of Economic development, Fayyaz Ismail and Minister of Tourism, Dr. Abdulla Mausoom also spoke at the forum, highlighting the economic journey of the Maldives and its resilient recovery from the Covid19 pandemic. Ministers pressed on the importance of foreign investment to boost the recovery, discussing the various opportunities in multiple key sectors of the Maldives.