Maldives to Seek Maritime Projects From India For Economic Progress
By MEHER ONISA : 20-Jan-2017
MALE, MALDIVES: Maldives the tropical nation situated in the Indian Ocean is pursuing for investment opportunities from Indian Ocean Region nations including India in order to add momentum to the country’s economy.
Abdulla Yameen, the Commander-in-Chief, President and the Head of the Government of the Republic of Maldives is ambitious in entering into the prospective projects across the wide angles of airports, seaports and maritime.
Maldives holds a fair track record of embracing FDIs, significantly from India. The country’s investment strategies with Indian had played a crucial part in the phenomenal progress of its economy.
Mohamed Shainee, the Maldivian Minister of Fisheries and Agriculture in his rendezvous with the international media illustrated about his interest. He added that his country is inclined to participate in the infrastructure projects that would mobilise the financial efficacies of his country.
The benchmarking maritime projects would lead to the fruition of the Maldives economic development and therefore the country will now chip in with Indian Ocean Region to meet the financial objectives.
Mohamed Shainee decoded that the foreign direct investment FDI is the chief source of Maldives economic progress.