President Dr. Mohamed Muizzu has announced his commitment to expanding the Maldives' digital economy, aiming for it to constitute 15% of the nation's GDP by 2030.
Addressing a business forum in Bangalore, President Muizzu highlighted India’s advancements in technology and the digital sector, recognizing the country as a regional tech leader. He extended an invitation to Indian investors to introduce modern technologies, including artificial intelligence and digital services, to the Maldives.
The President emphasized the Maldives' strategic location and its youthful workforce as key advantages for investors. He noted that the close proximity to India, along with the shared cultural and customary ties, would facilitate Indian businesses in establishing and expanding their operations in the Maldives.
He also cited the introduction of RuPay card services in the Maldives as a significant step in leveraging India’s digital services to enhance the country’s own digital sector. Additionally, President Muizzu pointed out the promising opportunities in the education, information technology, and health sectors, urging investors to explore the health sector in particular, to introduce modern technological services.
