Gov't aims to boost tourism revenue to USD6 billion

Minister of Tourism Ibrahim Faisal has stated the aim is increasing state revenue from tourism to USD6 billion. He made the statement while speaking to reporters during a ceremony at Velana International Airport (VIA), celebrating the arrival of the 1.8 millionth tourist to the Maldives this year.

Speaking at the ceremony, Minister Faisal underscored President Dr. Mohamed Muizzu's top priority is completing the VIA development project as early as possible to promote tourism in the Maldives. The minister said the president anticipates the completion of the project within the next 8 to 10 months, adding that it will propel Maldivian tourism to new heights.

Minister Faisal also highlighted the current prominence of tourism in contributing to the state revenue, amounting to USD4.5 billion annually. As such, he said that the government aims to increase the amount to USD6 billion.

Furthermore, Minister Faisal expressed confidence in attracting more investments to the Maldives in the tourism sector. He also outlined plans for expanding tourism to undeveloped areas, indicating a strategic initiative to diversify and broaden the tourism landscape in the country.