President Revises Investment Policy, Paving Way for Major Infrastructure and Tourism Projects

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The Government of Maldives has taken a significant step forward in enhancing its tourism appeal and national infrastructure through a newly issued presidential decree. Under Presidential Decree No. 6/2025, President Dr. Mohamed Muizzu has announced amendments to the existing investment policy, widening the scope of projects eligible for cross-subsidy investments. This initiative is expected to attract greater foreign interest by offering broader opportunities across key development areas, particularly tourism, transport, and social welfare.

The revised policy, issued in accordance with the Maldives Tourism Act (Law No. 2/99), outlines a strategic expansion of major development projects along with updated minimum investment requirements. One of the key highlights is the announcement of new domestic airports to be developed across several islands, further improving connectivity for both locals and international visitors. These airports will be constructed in HA. Dhidhdhoo, HDh. Makunudhoo, Sh. Komandoo, Sh. Milandhoo, Sh. Bileiyfahi, R. Fainu, R. Alifushi, B. Thulhaadhoo, AA. Mathiveri, M. Muli, F. Nilandhoo, Th. Guraidhoo, and Th. Vilufushi, in addition to new airports in Huvadhu Atoll and two locations in Laamu Atoll. These additions will make travel across the archipelago more accessible and efficient, enabling tourists to explore lesser-known island destinations.

In the tourism sector, the government has emphasized the development of the Asseyri tourism model in Laamu Gan and Addu City. This approach aims to diversify tourism offerings and promote inclusive regional economic growth. In addition, a major land reclamation project of 15 hectares in the K. Giraavaru lagoon has been greenlit for the development of “Hope Island,” a dedicated space to provide care and support for vulnerable children. Nearby, a further 30 hectares have been allocated for the construction of a new Central Prison Complex, reinforcing the government’s broader public safety and social welfare priorities.

Beyond tourism and aviation, the decree also places strong emphasis on national development priorities such as social housing and security infrastructure. Extensive land reclamation has been approved in Rasmale’, Gulhifalhu, Giraavarufalhu, and Uthuru Thila Falhu, areas which are vital to accommodating population growth and improving living conditions. These projects will support new housing schemes and government facilities, contributing to the sustainable growth of the Greater Malé Region.

To support these expansions, infrastructure enhancements have been outlined, including the construction of essential roadways, utility services, and inter-island connectivity through causeways. Planned links include Th. Veymandoo to Th. Kin’bidhoo, Th. Dhiyamigili to Th. Madifushi, L. Hithadhoo to L. Kunahandhoo, L. Kalaidhoo to L. Dhan’bidhoo, and M. Muli to M. Naalaafushi, each aimed at facilitating smoother transit and economic activity.

Furthermore, the Decree mandates the establishment of a state-of-the-art High-Performance Centre to boost capacity in various national sectors. This facility is expected to contribute to skills development and innovation across tourism, sports, education, and public services.

By aligning investment policies with ambitious infrastructure and tourism goals, the Maldives is signaling a clear commitment to inclusive growth and sustainable development. The new decree not only opens the door to fresh investment opportunities for international stakeholders but also reinforces the Maldives’ position as a premier destination with a strong focus on connectivity, community welfare, and economic resilience.

 

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