In a landmark address at the Maldives-UK Business Forum, President Dr. Mohamed Muizzu extended a warm invitation to British investors, outlining ambitious reforms and growth sectors poised to transform the Maldivian economy.

Celebrating 60 years of diplomatic ties between the Maldives and the United Kingdom, President Dr Muizzu emphasized the enduring partnership between the two nations, rooted in shared values, education links, tourism, and trade.

noting his own education in the UK as a foundation for his vision of inclusive and sustainable progress.

The President outlined five key sectors of focus for investment and collaboration:

1. Creative Industries

The government aims for the creative economy, including media, design, gaming, and cultural arts to contribute at least 15% of GDP by 2030. 
With a young, tech-savvy population and improving digital infrastructure, Muizzu encouraged UK creative firms to engage through investment, joint ventures, and youth training programs.

2. Digital Transformation

President spoke about his administration’s push for full digitalization of public services to improve governance and enable innovation. 
This presents opportunities for UK companies in e-governance, software solutions, and cybersecurity.

3. Renewable Energy

The Maldives plans to meet one-third of its electricity demand through renewable sources by 2028. A flagship 100MW floating solar project—the first in the region—has already received a Special Economic Zone (SEZ) permit. British clean energy firms were invited to join this transition, bringing in expertise and green technologies.

4. Fisheries and Ocean Innovation

Highlighting the Maldives’ pole-and-line tuna industry and new mariculture ventures, President Dr Muizzu announced the launch of the Maldives Fishery brand. 
He called for UK partnerships in areas like marine science, sustainable packaging, and cold-chain logistics to add value to the country’s seafood exports.

5. Tourism and Infrastructure Expansion

While tourism remains a cornerstone of the economy, the Maldives is expanding into wellness, cruise, halal, and sports tourism he stated that the new international terminal at Velana Airport, opening this month, will significantly boost tourist and cargo capacity.

Favourable Investment Climate

President Dr Muizzu assured investors that the Maldives is open for business, with political stability, a strategic location, and a modern legal framework. 
A new Foreign Investment Act passed last year modernizes investor protections and regulatory processes. The SEZ framework has also been revived for key sectors including ports, healthcare, and finance.

The forum also marked the signing of an MoU between the West London Chambers of Commerce and the Maldivian Ministry of Economic Development and Trade, paving the way for structured collaboration and project development.

President Dr. Muizzu is currently in the UK to participate in a series of high-level meetings aimed at deepening cooperation across a range of key sector.