MACL and BUCG Ink MoU to Connect Funadhoo, VIA, Malé by Monorail
Maldives Airports Company Limited (MACL) has signed a memorandum of understanding (MoU) with China’s Beijing Urban Construction Group (BUCG) to...
Malé, Funadhoo to be Connected via Monorail
Minister of Economic Development and Trade Mohamed Saeed has unveiled plans to develop a monorail network connecting Malé to the...
Development Rights at Maldives Economic Gateway Awarded to New Re-Export SOE
The cabinet has granted the development rights at Ihavandhippolhu, under the name Maldives Economic Gateway, to the newly formed Maldives...
Maldives Establishes MIFSA to Introduce Offshore Financial Services
President Mohamed Muizzu, under the powers vested in him under the Special Economic Zones (SEZ) Act of 2014, has established...
Government to Allocate 100-Hectare SEZ for Re-Export SOE
A 100-hectare Special Economic Zone (SEZ) will be set aside, with a view towards economic diversification, for a re-export commercial...
First Possible SEZ Project Undergoing Government Consideration
The Muizzu administration’s Board of Investments has begun reviewing the first proposal received by the government for investment in Special...
President Lowers SEZ Minimum Investment Threshold From US$150 Million to US$100 Million
The minimum investment threshold for government-designated Special Economic Zones (SEZs) has been reduced to US$100 million. Former President Abdullah Yameen...
