Two hundred and ninety representatives from 130 companies attended the Invest Maldives Forum 2024 held in Dubai, United Arab Emirates on Tuesday, according to the Ministry of Economic Development and Trade.

President Mohamed Muizzu was guest of honour at the forum which was attended by Economic Minister Mohamed Saeed, Foreign Minister Moosa Zameer and Environment Minister Thoriq Ibrahim. The Director General of the Abu Dhabi Fund for Development (ADFD), Mohammed Saif Al Suwaidi, also attended the event, which was organised by the Economic Development Ministry.

Saeed said the forum was held to facilitate strengthening relations between the Maldives’ government and various businesses.

The investment forum was attended by companies active in several sectors such as ports management, logistics, renewable energy, real-estate, tourism, and construction. The forum served to highlight the Maldives’ vision as an investment destination and underscore the importance of establishing investment partnerships with international partners, the President said.

Muizzu went on to further outline his vision of ‘Dhivehinge Rajjé’, or Maldivians’ Nation as outlined in his manifesto, through the utilisation of the Maldives’ resources to bring development to the nation.

The President thanked the businesses from the United Arab Emirates (UAE), who had played a role in the development of the Maldives, for their contributions.

The forum concluded with an interactive session during which participants and senior administration officials exchanged information on key issues concerning the development of the Maldives’ economy, the Ministry of Economic Development and Trade said, going on to highlight that the networking session strengthened ties between the two countries and facilitated the exploration of new trade and investment opportunities.

The forum was held coinciding with President Muizzu’s ongoing visit to Dubai to attend the World Governments Summit. A similar forum was held during Muizzu’s visit to China earlier this year.