President Dr. Mohamed Muizzu has issued a new presidential decree establishing updated rules for projects eligible under the government's cross-subsidy investment framework and setting minimum investment requirements for participating contractors.

The decree was introduced under provisions of the Maldives Tourism Act, which requires the government to publish annual investment thresholds for contractors involved in major projects financed through cross-subsidy arrangements.

According to the decree, eligible projects will support key national development priorities, including tourism expansion, infrastructure development, climate resilience, national security, and social progress.

An accompanying annex outlines the categories of projects that qualify for cross-subsidy investments and specifies the minimum investment levels required from contractors.

The approved project categories cover a wide range of development initiatives.

These include land reclamation projects for tourism and public use, expansion of government services, prison development, tourism infrastructure projects, airport expansion, social housing programs, island connectivity projects through causeways, and the development of utility services in newly reclaimed areas.

Utility projects include water supply systems, electricity networks, sewerage services, and waste management facilities.

The revised framework is intended to encourage stronger private-sector participation in national development projects and improve transparency in the allocation of cross-subsidy investments.

Officials expect the new system to streamline project implementation and support the government's efforts to accelerate major infrastructure and economic development initiatives across the Maldives.