Economic Minister Mohamed Saeed has expressed confidence that the 3rd Maldives Investment Forum (MIF) will be a success.
The forum will open on Tuesday at Taj Palace Hotel in New Delhi.
Speaking to reporters at Delhi’s Ashok Hotel on Monday, Minister Saeed said that businesses representing varying sectors from different countries will participate in the Maldives Investment Forum, held under the Government’s plans to diversify the country’s economy.
Highlighting the different avenues for economic expansion in Maldives, he welcomed investments in tourism sector projects, transport sector, renewable energy, real estate development, and social housing.
Over 200 local businesses are participating in the forum.
MIF is the prime investment event of the Government of Maldives showcasing lucrative investment opportunities in the Maldives. The first edition of Maldives Investment Forum was held in Singapore and the second edition was held in Beijing, China.
Ministry of Economic Development says it will be partnering with the Federation of the Indian Chambers of Commerce and Industry (FICCI) to ensure the presence of leading Indian companies as well as global businesses at MIF 2016. MIF will also be attended by key decision makers of the Government of Maldives and the Maldivian corporate sector, and it will be an ideal platform to initiate investment leads, network and enhance business prospects, according to the ministry.
Investment sectors to be showcased at MIF 2016 include finance and banking, real estate, tourism, information and communication technology, and renewable energy.