Maldives Aims to Become Tech Hub With Global Fiber Cable System
President Ibrahim Mohamed Solih highlighted the significance of connecting the Maldives to the international fibre cable system during the inauguration of the Ocean Connect Maldives-India Asia Express (OCM-IAX) Submarine Cable System in Hulhumalé on Friday.
The project reflects the government’s commitment to enhancing the nation’s technological infrastructure and establishing it as a leader in the technology sector.
President Solih noted that the Maldives is now directly linked to the global submarine cable network for the first time, ushering in a new digital era for the country and advancing its position as a hub for technology and international trade.
During the event, President Solih highlighted the potential benefits for the country’s internet service providers, mentioning reduced costs and improved internet access speed for consumers.
President Solih also emphasized the wider advantages of the cable system, particularly for healthcare services and satellite-based education initiatives, along with the positive environmental impact of digital technology expansion.
The Ministry of Economic Development is spearheading this project, aiming to drive technological advancement and socio-economic growth in the Maldives. The next-generation ultra-high-speed system, providing over eight times the current capacity, is designed to meet the nation’s needs for the next two decades. The goal is to diversify the economy and establish the Maldives as a key communications hub in South Asia.
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