Minister Ameer also explained that diversification of the economy is being pursued as a way forward for a resilient economy
The Embassy of Maldives in United Arab Emirates in collaboration with Abu Dhabi Chambers of Commerce and Industry organized the Webinar on Investment Opportunities in the Maldives to strengthen the economic cooperation between the Maldives and UAE.
Minister of Finance of the Maldives, H.E. Ibrahim Ameer, in his keynote presentation highlighted the unprecedent shocks that Maldives experienced due to the Covid-19 as the economy depend highly on the tourism sector. Minister Ameer also explained that diversification of the economy is being pursued as a way forward for a resilient economy. He also noted the significant economic gains achieved through the tremendous efforts for economic recovery and envisaged a prospective 2021 for the Maldives.
Senior Officials from Government Ministries including Ministry of Economic Development, Ministry of Tourism, Ministry of Fisheries, Marine Resources and Agriculture and Maldives Fund Management Corporation Limited participated in the event. The government agencies provided an overview of Maldives’ recovery priorities and investment opportunities from their respective sectors.
Speaking at the webinar, Minister of State for Foreign Affairs H.E. Ahmed Khaleel emphasized the important initiative led by Foreign Minister H.E. Abdulla Shahid, together with Maldives diplomatic missions abroad, to step-up the work on external resource mobilisation for the much-needed recovery from this pandemic. “Along with relevant counterparts and line ministries at home, our embassies will actively work as “agents” to mobilise aid, promote tourism, facilitate trade and attract investment opportunities,” he noted.
Followed by the remarks, a question and answer session was conducted by the UAE embassy for a better insight of the projects and investment opportunities.
Total 85 investors participated in the webinar through Abu Dhabi Chambers of Commerce and Industry. The webinar was conducted in English with interpretation in Arabic.
The closing remarks of the webinar was delivered by Ambassador Extraordinary & Plenipotentiary of Maldives to UAE, Her Excellency Aminath Shabeena. Ambassador noted the Government of United Arab Emirates for the excellent bilateral relations that exist between the Maldives and the UAE, and thanked the Abu Dhabi Chambers of Commerce and Industry for the support extended towards co-hosting this successful webinar.
H. E. Ambassador Shabeena also acknowledged with appreciation the participation of the line Ministries with support and co-ordination by the Ministry of Foreign Affairs in hosting this webinar.
ENDS