Singaporean investors have expressed keen interest in exploring new investment opportunities in the Maldives, according to Minister of Finance and Planning Moosa Zameer. His remarks follow the Maldives-Singapore Business Forum, held during President Dr Mohamed Muizzu’s recent official visit to Singapore. The forum drew over 200 investors and is being hailed as a significant step forward in strengthening economic ties between the two countries.
Speaking to PSM News, Minister Zameer described the forum as highly successful, noting that it generated strong enthusiasm from Singaporean businesses. “Singaporean investors have shown significant interest in the investment opportunities available in the Maldives,” he said.
Zameer highlighted Singapore’s longstanding role in supporting the Maldivian economy, pointing out that several Singapore-registered companies are already operating in the Maldives, particularly in the hospitality and real estate sectors. He added that investor interest continues to build following the forum.
“The event was a key platform to brief investors on President Dr Mohamed Muizzu’s efforts to diversify the Maldivian economy,” Zameer explained. Discussions covered how to build on existing investments, enhance service delivery, and adapt to the evolving investment environment through improved facilitation strategies.
Minister Zameer expressed confidence that the forum would produce tangible outcomes supporting the President’s broader economic goals. He also noted that the visit to Singapore would further strengthen trade and commercial ties.
Echoing these sentiments, Minister of Homeland Security and Technology Ali Ihusaan emphasised Singapore’s decades-long partnership with the Maldives and the important role Singaporean investors have played in the nation’s development particularly in the tourism sector.
“Singapore has been a key development partner for over 50 years, and we continue to draw lessons from their remarkable progress,” Minister Ihusaan said. “We hope Singaporean investors will continue to support our priority projects, creating lasting benefits for the Maldivian people.”
The forum highlighted a range of investment opportunities, including clean energy, premium tourism, infrastructure, and the digital economy—sectors critical to the Maldives’ vision of achieving developed nation status by 2040.