President Muizzu invites Chinese investors to join Maldives' 2040 development vision

President Dr. Mohamed Muizzu has invited Chinese investors to participate in the government's vision to transform the Maldives into a developed country by the year 2040. He made the remarks while addressing the opening ceremony of the "China-Maldives Investment Cooperation Forum." The President highlighted that China is an important participant in the development of the Maldives and stated that he will work to further strengthen bilateral relations. He noted that the Free Trade Agreement between the two countries is an important achievement in economic ties, opening up opportunities in the international market for Maldivian businessmen. The President also stated that from January last year until August this year, merchandise worth 440 million dollars was imported into the Maldives from China, of which approximately 124 million dollars came under the Free Trade Agreement. He called for strengthened relations that benefit the entire society and pointed to opportunities in Chinese markets for moon varieties and products made by Maldivians. Inviting Chinese investors to collaborate with local businessmen, President Muizzu said, "We do not just want Maldivian businesses to participate in the international market. We want them to compete in that market and become a successful part. China can play an important role in this." He further highlighted that under the government's Maldives 2.0 vision, a strong digital economy is being built, with platforms like Alipay and WeChat Pay making it easier for tourists to spend money and creating opportunities to expand Maldivian businesses. The President also noted that digital transformation is an opportunity to strengthen businesses, create opportunities for youth, and overcome geographical challenges. He stated that the 2040 vision can be achieved by strengthening the economy and building relationships with investors, adding that opportunities under the Foreign Investment Act and transparent work have increased trust. Citing China's experience, the President said China can play an important role in achieving the Maldives' vision, and he invited investors to examine opportunities and become participants in the Maldives 2040 vision with experience, ideas, and innovation.