Investments Attracted by Peace and Security, Says PNC MP Falaahu
Economy ·
MALE' — The PG Leader of the ruling People's National Congress (PNC) and MP for Inguraidhoo constituency, Ibrahim Falaahu, stated in Parliament today that major investments are attracted to the Maldives due to the country's peace and security. Speaking during the parliamentary session, Falaahu was responding to criticism from opposition MDP members regarding the 20 billion dollar Rasmalé development project with UAE's Eagle Hills. Falaahu clarified that the investment is an 18 billion dollar project by a Muslim investor from Dubai. He argued that global wealthy individuals seek to invest in peaceful and stable nations, and that the Maldives has become such a destination.