Maldives Calls for International Investment at World Economic Forum in Saudi Arabia

Minister of Economic Development and Trade, Mohamed Saeed, emphasized the critical role of modern thought, technology, and investment in achieving sustainable development for the Maldives during his address at the ongoing World Economic Forum in Saudi Arabia. Recognizing the nation’s vulnerability to natural challenges, Saeed urged the international community to invest in the Maldives without […]

Aug 3, 2024 - 07:27
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Maldives Calls for International Investment at World Economic Forum in Saudi Arabia

Minister of Economic Development and Trade, Mohamed Saeed, emphasized the critical role of modern thought, technology, and investment in achieving sustainable development for the Maldives during his address at the ongoing World Economic Forum in Saudi Arabia. Recognizing the nation’s vulnerability to natural challenges, Saeed urged the international community to invest in the Maldives without delay, citing the potential for transformative growth through strategic partnerships.

Saeed highlighted the positive response garnered by President Dr. Mohamed Muizzu’s foreign investment agenda, attributing it to the government’s commitment to fostering an investor-friendly environment. He underscored the bolstered investor confidence following the recent parliamentary elections, where the government received overwhelming support.

Minister Saeed’s remarks came amidst the presence of Minister of Foreign Affairs, Moosa Zameer, who is also participating in the forum alongside over 700 global leaders. The Ministry of Foreign Affairs confirmed the participation of key Maldivian officials, including Minister of Islamic Affairs, Dr. Mohamed Shaheem Ali Saeed, and Minister of Finance, Dr. Mohamed Shafeeq, in various official capacities in Saudi Arabia.

The Maldives’ proactive engagement at the World Economic Forum reflects its commitment to leveraging international cooperation and investment to drive sustainable economic growth and development.

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