COLOMBO, April 17 (Bernama) — More than 300 investors from around the world have registered to take part in Maldives’ first investment forum due to be held in Singapore later this month, China’s Xinhua news agency reported.
At least 15 countries are expected to attend the forum, which officials say is a glittering platform for the Maldives government to launch bids for key projects.
The countries include Singapore, United States, India, Germany and China.
“This is a far greater support than we had expected. We hope this forum will be a vast platform where investors from different industries will meet,” Economic Ministry’s director Riyaz Mansoor told reporters.
Notable investors include American investment company Blackstone, Singapore-based HPL Hotels and Resorts, China Machinery Engineering Corporation (CMEC), the Carlson Group of Companies, Pan Pacific Hotels and Resorts, United Bunkering and Trading Group, and Singapore Enterprise.
Investors will have opportunity to submit proposals for five mega projects, including the development of Ihavandhippolhu as an economic zone, “I-Heaven” and Ibrahim Nasir International Airport, the second phase of Hulhumale island, shifting of a commercial harbour to Thilafushi and its development, and oil and gas exploration in the Maldives.
Maldives President Abdulla Yameen, Economic Minister Mohamed Saeed and local business tycoons are among speakers at the forum.
– BERNAMA
Over 300 Global Investors To Take Part In Maldives" First Investment Forum
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