Minister of Economic Development, Transport and Trade Mohamed Saeed told the People's Majlis that 313 foreign investments have been registered in the Maldives since November 2023, above the 245 registered in the previous five-year administration. He also said the government has organised 11 business forums internationally and argued that investment decisions cannot be attributed to individual promotional events.
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313 foreign investments have been registered in the Maldives since November 2023, exceeding the 245 recorded during the previous five-year administration.
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Registrations subsequently stood at 245 during the MDP administration from 2018 to 2023.
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The figures presented showed that 212 foreign investments were registered between 2008 and 2013, followed by 406 between 2013 and 2018.
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The figures presented showed that 212 foreign investments were registered between 2008 and 2013, followed by 406 between 2013 and 2018.
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The Minister revealed that the Maldives had organised 11 business forums internationally, including events in China, India, Dubai, London, Berlin, Kuala Lumpur, Colombo and Islamabad.
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Speaking at the People's Majlis in response to a no-confidence motion, the Minister presented figures comparing foreign investment registrations under successive administrations.
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