Investment forum to strengthen Maldives-Malaysia trade relations: Minister Saeed
The Maldives-Malaysia Investment Forum 2025, held today in Kuala Lumpur, is expected to significantly enhance trade relations between the two countries, Minister of Economic Development and Trade Mohamed Saeed has stated.
Speaking at the forum's opening ceremony, Minister Saeed noted that the event has created new opportunities for investors from both nations to engage, collaborate, and explore business prospects.
He highlighted that the forum would help foster better understanding of investment opportunities in both the Maldives and Malaysia.
Minister Saeed emphasized that the Maldives is currently experiencing steady development and progress.
He noted that President Dr Mohamed Muizzu is implementing a comprehensive roadmap aimed at elevating the Maldives to developed country status by 2040.
The success of private businesses and foreign investments, he said, will be crucial to achieving this goal.
The investment forum provides an important platform for investors from both countries to meet and strengthen business ties. It also lays the foundation for future economic cooperation,
Minister Saeed stated.
He further revealed that a special law has been drafted to encourage private sector growth and facilitate foreign investments.
The Foreign Investment Act ensures legal protection for investors, promote transparency, and contribute to the Maldives' economic advancement.
President Dr Mohamed Muizzu, who is currently on an official visit to Malaysia, also addressed the forum. In his remarks, President extended a strong invitation to Malaysian businesses, presenting the Maldives as a dynamic and strategic partner on its path to becoming a fully developed nation by 2040, coinciding with the country's 75th anniversary of independence.
We are ready to welcome you to the Maldives, not just as visitors, but as partners in our shared future and prosperity,
President said