Fisheries and Ocean Resources Minister Ahmed Shiyam said undersea mining being designated a permitted economic activity under the Special Economic Zone Act would benefit the economy with minimal environmental impact. President Mohamed Muizzu on Tuesday amended the list of projects requiring a minimum investment of US$100 million under the SEZ Act to add gas, oil and mineral exploration.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
On Tuesday, President Muizzu amended the list of projects requiring a minimum investment of $100 million under the SEZ Act, adding gas, oil, and mineral exploration as permitted economic activities.
Word for word from the report in Maldives Republic. Open the report
Minister of Fisheries and Ocean Resources Ahmed Shiyam said on Wednesday that the designation of undersea mining as a permitted economic activity under the Special Economic Zone (SEZ) Act would benefit the economy and be carried out with minimal environmental impact.
Word for word from the report in Maldives Republic. Open the report
This is only a small portion of the opportunities available to us. Careful exploration and development of these ocean resources will open new economic doors.
From an economic standpoint, this will create opportunities for innovation and position the country as a hub for the blue economy. Maldivians can secure better jobs in marine geology, subsea engineering, environmental science, and related …
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
President Muizzu amended the list of projects requiring a minimum investment of $100 million under the SEZ Act, adding gas, oil, and mineral exploration as permitted economic activities.
Word for word from the report in Maldives Republic. Open the report
economic benefits from the country’s roughly 900,000 square kilometres of ocean territory have been largely limited to fisheries.
Word for word from the report in Maldives Republic. Open the report
