Maldives: President Yameen aggressively courting investors

Maldives: President Yameen aggressively courting investors

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Maldives president Abdulla Yameen will leave on Thursday to attend the country’s first ever investment forum in Singapore where over 300 global investors have registered, the President’s Office said.

As many as 15 countries have registered for the investor forum, which is expected to be the glittering platform for the Maldives government to launch bids for key projects.

Notable investors include American investment company Blackstone, Singapore-based HPL Hotels and Resorts, China Machinery Engineering Corporation (CMEC), the Carlson Group of Companies, Pan Pacific Hotels and Resorts, United Bunkering and Trading Group, and Singapore Enterprise.

In addition to Maldives President Abdulla Yameen, Economic Minister Mohamed Saeed and many local business tycoons are scheduled to speak at the Maldives Investment Forum 2014.

President Yameen is extremely enthusiastic about foreign investment, according to statements made in the run up to the investment forum.

“What we would like to confirm for the foreign investors who come to the Maldives is that foreign investors should feel that Maldives is your second home here,” Yameen told reporters this week.

“We are going to open up the Maldives in a huge way to foreign investors. Our thirst cannot be quenched. The opportunity to foreign investors is going to be enormous.”

Shanghai Daily

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