The Embassy of the Maldives in United Arab Emirates (UAE) has conducted a webinar on investment opportunities in the Maldives to strengthen the economic cooperation between the Maldives and UAE.
The webinar was held in collaboration with Abu Dhabi Chambers of Commerce and Industry. Minister of Finance of the Maldives Ibrahim Ameer delivered the keynote presentation at the webinar.
In his keynote presentation, Minister Ameer highlighted the unprecedented shocks the Maldives experienced due to the COVID-19 as the economy depends heavily on the tourism sector. Minister Ameer also explained that diversification of the economy is being pursued as a way forward for a resilient economy. He also noted the significant economic gains achieved through the tremendous efforts for economic recovery and envisaged a prospective 2021 for the Maldives.
Senior officials from government ministries including Ministry of Economic Development, Ministry of Tourism, Ministry of Fisheries, Marine Resources and Agriculture and Maldives Fund Management Corporation Limited participated in the event. The government agencies provided an overview of Maldives’ recovery priorities and investment opportunities from their respective sectors.
Speaking at the webinar, Minister of State for Foreign Affairs Ahmed Khaleel emphasised the important initiative led by Foreign Minister Abdulla Shahid, together with Maldives diplomatic missions abroad, to step-up the work on external resource mobilisation for the much-needed recovery from this pandemic. He noted along with relevant counterparts and line ministries at home, Maldivian embassies will actively work as “agents” to mobilise aid, promote tourism, facilitate trade and attract investment opportunities.
Followed by the remarks, a question and answer session was conducted by the UAE embassy for a better insight of the projects and investment opportunities. Total 85 investors participated in the webinar through Abu Dhabi Chambers of Commerce and Industry.
The webinar was conducted in English with interpretation in Arabic.