President Sets Out Key Projects Under Economic Policy Framework

President Dr Mohamed Muizzu has set out key projects to be implemented under an economic policy framework aimed at advancing the public interest, outlining minimum investment requirements across a range of strategic sectors.

According to the President’s Office, the decree was issued in line with the Maldives Tourism Act (Act No. 2/99), which requires the Government to publish annually in the Government Gazette the minimum investment thresholds for key projects carried out under economic or social policies in the public interest.

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The published decree covers minimum investment amounts for projects across tourism and civil aviation; internal security, national defence and technology; infrastructure, housing and urban development; youth empowerment, sports and fitness; and climate change, environment and energy.

The annex to the decree sets out the projects eligible for implementation through cross-subsidy arrangements and specifies the minimum investment requirements applicable to contractors undertaking them.