CII expresses interest to invest in Maldives

Photo: Mihaaru News

The Confederation of Indian Industry (CII) has expressed interest in investing in to the Maldives.

According to social media updates from the Foreign Ministry, it was stated that members of high position in the current government has traveled to India and conducted meetings with the Confederation of Indian Industry.

Dubbed “Maldives is Open for Business Again”, the meeting had the Finance Minister Ibrahim Ameer, Economic Minister Fayyaz Ismail and Foreign Minister Abdullah Shahid discussing potential investment opportunities in the Maldives. This included investment to the Health Industry, infrastructural development and further investment to the sewage and water systems in the Maldives.

The Confederation of Indian Industry (CII) aims to create and sustain an environment conducive to the development of India. Due to the CII being a prominent figure, with 65 offices and 9 Centres of Excellence in India, it is to be expected that their investment to the Maldives may potentially reap benefits in the long haul.

In the coming year, the government aims to raise 87.7 million dollars (1.3 billion rufiyaa) as Aid Money. The prospect of gaining the aid seems promising, according to the Foreign Minister.


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