President Dr. Mohamed Muizzu has emphasized that investing in the Maldives presents a unique chance to engage in a market ripe for innovation and growth. He made this remark at the India Maldives Business Forum in Bangalore, India.
During the forum, the President outlined the Maldives' goal of achieving a digital economy that comprises 15% of its GDP by 2030 and invited Indian investors to explore opportunities in this expanding sector, particularly in digital technology and artificial intelligence. He assured potential investors that their investments in the Maldives would yield quick returns and contribute to global efforts against climate change.
The Maldives, he stated, is an ideal destination to leverage emerging innovations and opportunities. President Muizzu highlighted supportive policies designed to enhance regional growth, a young and dynamic workforce, and technological advancements. He assured that investments would be fully protected under a newly introduced Foreign Investment Act.
The President also expressed optimism about the collaboration between India and the Maldives in fostering economic development and enhancing digital infrastructure. He pointed out that the geographic proximity of the two countries facilitates trade, travel, and logistics, making the Maldives an attractive destination for Indian investments.