In a strategic move to enhance the Maldives’ economic landscape, President Dr. Mohamed Muizzu recently held a series of high-level meetings with prominent Malaysian business leaders during his official visit to Malaysia. These discussions, aimed at fostering greater bilateral cooperation, focused on key areas such as tourism, healthcare, education, and infrastructure development.
A key engagement was a meeting with Tan Sri Dr. Jeffrey Cheah, Founder and Chairman of the Sunway Group, one of Malaysia’s leading conglomerates. During the talks, they explored potential collaborations in tourism, education, and healthcare, with Dr. Muizzu emphasizing the Maldives’ growing appeal as an investment destination. Furthermore, the Sunway delegation showed strong interest in the Maldives’ robust investment climate, particularly in areas supported by the recently enacted Foreign Investment Act.
Additionally, the President met with Vincent Tan Chee Yioun, the founder of Berjaya Corporation Berhad, where they discussed expanding Berjaya’s footprint in the Maldives, particularly in the tourism sector. Notably, the Maldives’ well-established tourism industry, along with its strategic location, stood out as a key area for future collaboration. Moreover, the talks covered developments in infrastructure, focusing on the nation’s ongoing efforts to strengthen air connectivity and create a more conducive environment for foreign investors.
These interactions, in turn, form part of the Maldives’ broader strategy to attract sustainable investments and open new avenues for economic growth. With a renewed focus on eco-tourism, renewable energy, and digital transformation, the President’s meetings signal the nation’s readiness to welcome global partners.
As President Dr. Muizzu wrapped up his engagements, both the Maldivian and Malaysian business leaders expressed optimism about future collaborations, thus highlighting the Maldives’ potential as a thriving hub for investment in the Indian Ocean region.
