Why invest in Maldives
Foreign investors are offered a transparent policy environment. The law on foreign investments (Law 25/79) guaranttees the security of investments. In addition our liberal trade environment, dynamic private sector and development-oriented legal structure all contribute to a conducive climate for trade and investment. The Maldives has a strong record of political stability resulting from homogenous nature of our society with one culture, one religion and one language. Thus the ethnic and political unrest that can disrupt economic activities elsewhere are non-existent in the Maldives.
The vast untapped potential in natural marine recources and the young, energetic and trainable workforce are strong inducements to invest in the Maldives, as has been proven by many successful foreign investors.
The number of foreign companies investing in the Maldives has been increasing every year. Their services range from management and accounting services, air transport, resort management to manufacturing.
The Maldives will continue to attract and promote foreign investment in to the country. There will be an emphasis on promotion of investment activities that:-
- Are Capital intensive
- Enhance transfer of technology
- Introduce new skills
- Are Environmentally friendly
Why invest in the Maldives?
- Free market trading
- A stable political and social climate
- Consistent economic and public policies
- Low inflation rate
- 99 percent literacy rate and a youthful, educated population
- English used in education and business
- Significant advances in human development over the past 20 years
- One of the lowest crime rates in the world
- One of the most dynamic economies in the South Asia Region
- Dedicated care and concern for the environment
- Newly developed state-of-the-art communications system throughout the country, including a Global System for Mobile (GSM) cellular mobile system with international roaming capability, Internet and e-mail.
- International airport minutes from the capital is served by 30 scheduled, chartered and cargo airlines direct from Europe, the Middle East, the Far East and Africa.
- An Industrial Promotion Zone with land for lease at US10 cents per square foot per year is under development in Laamu Atoll, bordering an international sea route channel and ideally suited for transshipping products by sea.
- As a member of South Asia Association for Regional Cooperation (SAARC), the Maldives will have access to the entire regional market when the South Asian Free Trade Area (SAFTA) is established by the year 2001.
Source: FISB Maldives
| (2007 - 2008) Maldives Islands |