With the government’s approach to maximizing the economic performance of the country through provision of incentives to foreign investors, and the sanctioning of the Special Economic Zones bill recently by the parliament creates a favorable environment for those seeking to invest in the Maldives.
Where once foreign investors’ access was limited to the Maldivian tourism industry, the government’s active role in increasing investment opportunities for both the local and foreign investors has created numerable windows of opportunities in various areas of development.
The construction and communications industries also present viable industries where access is already available and is thriving under foreign investment.
One of the truly remarkable things about the businesses involved in the different industries of Maldives is how they carry the message of the environmental awareness and sustainability, considering the long term peril that is foreseen for the country.
Another important factor to be considered in investing in the Maldives is its demographics. At over 34%, the youth comprise the majority of the population and hence, products and developments towards the improvement of standards of living and the development of the youth are considered of utmost importance by the government and as such, are encouraged.