President Issues Decree on Cross-Subsidy Investment Projects and Minimum Investment Thresholds

President Dr Mohamed Muizzu has issued Presidential Decree No. 11/2026, establishing the framework governing projects eligible for cross-subsidy investment arrangements and setting the minimum investment thresholds applicable to such projects in the Maldives.

The Decree was issued under Section 5(3)(j) of the Maldives Tourism Act (Act No. 2/99), which requires the Government to publish annually in the Government Gazette the minimum investment thresholds for contractors undertaking key national projects through cross-subsidy arrangements.

According to the Government, the framework forms part of its broader investment policy aimed at supporting national development priorities, including tourism expansion, infrastructure development, climate resilience initiatives, homeland and national security projects, and social development programmes across the country.

The annex accompanying the Decree outlines the projects identified under the Government’s policy framework that are eligible to be implemented through cross-subsidy arrangements. It also specifies the minimum investment requirements that contractors must meet in order to undertake such projects.

Cross-subsidy investment arrangements are intended to facilitate the implementation of strategic national projects by allowing investments in designated sectors to support broader development objectives. The Government has stated that the framework is designed to attract investment into priority areas while ensuring that projects contribute to long-term economic and social development.

The publication of Presidential Decree No. 11/2026 provides investors and contractors with updated guidance on eligible projects and investment thresholds, in line with the Government’s annual obligation under the Maldives Tourism Act.