The second edition of the Invest Maldives forum is scheduled to take place in Dubai tomorrow, with President Dr. Mohamed Muizzu slated to attend.
The inaugural edition was held in China during the recent state visit by the President.
Media reports indicate that the forum will showcase several major projects of the current government to potential investors. These include the development of transshipment and docking harbors in the north and south, the next phase of airport expansions, and opportunities in resort development.
During his presidential address last week, President Muizzu stated, “We will host investment forums in other countries similar to the one held in China, expanding global investment opportunities.”
In his speech, he outlined upcoming projects, emphasizing the need to fully leverage the Maldives’ potential as an attractive region for international seaport services. Plans are underway to establish an international bunkering and trade port in Ihavandhippolhu Atoll, with bunkering services set to commence in L. Gaadhoo. Each of these initiatives represents a significant investment aimed at boosting Maldives’ revenue.
The government has a 20-year master plan to transform Velana International Airport into a global hub. This multi-billion-dollar project aims to revolutionize the airport, with a target of accommodating 25 million passengers annually, equivalent to 4,000 passengers per hour. :Rewrite this article like a human with less jargons formally
ChatGPT
The second edition of the Invest Maldives forum is set to take place in Dubai tomorrow, with the presence of President Dr. Mohamed Muizzu anticipated.
Following the inaugural edition held in China during the President’s recent state visit, media reports suggest that the forum will present various significant projects of the current government to potential investors. These projects encompass the development of transshipment and docking harbors in the north and south, the next phase of airport expansions, and prospects within the realm of resort development.
In a recent presidential address, President Muizzu declared, “We will host investment forums in other countries similar to the one held in China, expanding global investment opportunities.” He outlined upcoming projects, emphasizing the imperative to fully harness the potential of the Maldives as an appealing region for international seaport services. Plans are underway to establish an international bunkering and trade port in Ihavandhippolhu Atoll, with bunkering services set to commence in L. Gaadhoo. Each of these initiatives represents a substantial investment aimed at augmenting Maldives’ revenue.
With a 20-year master plan in place, the government aims to transform Velana International Airport into a global hub. This multi-billion-dollar project seeks to revolutionize the airport, with a target of accommodating 25 million passengers annually, equivalent to 4,000 passengers per hour.