National AI and Data Competency Centre to Drive Public Sector Innovation

Maldives Innovation and Digital Company (MINDCo) and the Bank of Maldives (BML) have signed a memorandum of understanding to establish a national AI and Data Competency Centre.

The initiative forms a key part of President Dr Mohamed Muizzu’s Maldives 2.0 digital transformation agenda. The centre is designed to support the adoption of artificial intelligence and data-driven solutions across government institutions and major economic sectors. It aims to improve public service delivery, enhance operational efficiency, and strengthen evidence-based decision-making within the public sector.

The initiative reflects President Muizzu’s broader vision of using digital technologies as a foundation for modern governance and more efficient public administration.

Under the agreement, MINDCo will lead the establishment of the centre, while BML will serve as a strategic partner during its development and initial implementation. As the country’s largest financial institution, BML will contribute expertise in digital payments, financial technology, and the large-scale application of data and AI.

The centre will also engage the local private sector, inviting technology firms, startups, and industry experts to co-develop practical AI and data tools addressing challenges faced by public institutions. This collaborative approach aims to ensure solutions are secure, scalable, and suitable for public service delivery.

The partnership is expected to strengthen alignment between public sector digital transformation efforts and the Maldives’ evolving digital financial infrastructure. It will also support the development of national AI and data capabilities and foster a future-ready workforce.

The AI and Data Competency Centre is scheduled to begin operations in April 2026, following a phased implementation process.