Maldives Opens Rasmale Investment Opportunities to Pakistani Businesses at Business Forum

The Maldives has opened investment opportunities in the Rasmale project to Pakistani businesses. The announcement was made during the Maldives-Pakistan Business Forum held in Islamabad on Wednesday, as part of President Dr. Mohamed Muizzu's official visit to Pakistan. The forum saw participation from over 300 of Pakistan's largest companies. Speaking at the forum, Aishath Samaha, an official from the Ministry of Tourism and Civil Aviation, stated that the Rasmale project is a special city being developed to provide a permanent solution to the Maldives' housing shortage and to serve as a modern urban center. She said the project would bring revolutionary changes to the economy and business landscape. Key figures presented at the forum: Total investment in the project, including related ventures, will reach $30 billion. During the construction phase, 54,000 job opportunities will be created, and upon completion, over 14,000 permanent jobs will be established. The forum also showcased the Maldives' natural beauty, culture, and economic progress to the business community. The importance of Pakistani expertise and partnership in achieving the goals of President Muizzu's 2040 vision was highlighted.