Invest Maldives Forum 2024: Minister Saeed optimistic about economic opportunities
In an exclusive interview with Voice in Dubai yesterday, Minister of Economic Development and Trade, Mohamed Saeed, shared insights into the ongoing Maldives Investment Forum, emphasizing its significance in promoting strategic investments and economic development.
Minister Saeed highlighted the forum's global outreach, noting its inception during the sideline of the President's state visit to China.
He expressed optimism about the current session in Dubai, where key strategic investments are being showcased to potential investors.
And now we are here in Dubai today we will be displaying key strategic investments and areas where the government of maldives wishes to promote. We are getting pretty good demand. We are hoping we'll be having one of the best investment forum with a very god turn out experience
Remarked Minister Saeed
Addressing the participation of Maldivian businesses, Minister Saeed emphasized the forum's utility, with over 90 local businesses presenting their potential.
This strong presence indicates the forum's effectiveness in providing opportunities for local enterprises.
Identifying promising sectors, Minister Saeed outlined real estate and tourism as key areas of growth.
Additionally, he highlighted sectors such as medical, sports, education, fishing, renewable energy, and climate change, offering a diverse range of investment possibilities.
However, Minister Saeed acknowledged challenges for foreign investors, citing global issues like high-interest rates and geopolitical developments in the Middle East.
Despite these challenges, he emphasized that Maldives stands out as a profitable destination, especially in the tourism sector, offering investors a clear return on investment.
As the Maldives Investment Forum continues, Minister Saeed remains hopeful for a successful event, anticipating a high turnout and positive experiences for both local and international participants.