Tourism Minister, Economic Development Minister depart to Singapore on investors

Minister of Tourism Moosa Zameer and Minister of Economic Development Mohamed Saeed have departed to Singapore on an invitation extended by a group of Singaporean investors.

Speaking to reporters at Ibrahim Nasir International Airport, Tourism Minister Moosa Zameer said that many companies from Singapore and South East Asia region have invested in the Maldives, and the purpose of this visit was to provide information about planned mega projects in the tourism industry.

“We will explain the government’s policies to investors, and promote foreign investors’ rights and easy procedures introduced in new laws,” he said.

Economic Development Minister Saeed said that the president prioritises attracting new investors for infrastructure development in the Special Economic Zone.

“The visit will be focused on facilitating projects in tourism, real estate, banking, and new industries,” he said.

He added that new projects mentioned in President Yameen’s manifesto would be implemented in 2016.