New Foreign Investment Law Boosts Investor Confidence: Economic Minister

Economic Minister Mohamed Saeed has said the Maldives has taken major steps to ease investment processes, including the introduction of a new foreign investment law after more than four decades.Spea...

Mohamed Hilmy

21 January 2026, 00:00

Economic Minister Mohamed Saeed has said the Maldives has taken major steps to ease investment processes, including the introduction of a new foreign investment law after more than four decades.

Speaking in an interview with India’s WION on the sidelines of the World Economic Forum in Davos, Minister Saeed said the law fulfils a key pledge made by President during his election campaign to modernise the country’s regulatory framework.

He said the new legislation offers greater transparency, stronger investor security and a more professional legal structure. The government is also reviewing and streamlining regulations related to foreign investment to further improve the overall process.

Minister Saeed acknowledged that the administration inherited significant debt and fiscal challenges when it took office but said a patient and responsible approach, coupled with strong engagement with international partners, has helped stabilise the economy.

Despite ongoing challenges, he said the economic outlook remains positive, noting that credit ratings have improved and investment levels—particularly in the tourism sector—have nearly doubled, if not tripled, signalling growing investor confidence in the Maldives.

New Foreign Investment Law Boosts Investor Confidence: Economic Minister

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