Setting Up
Investment Windows
There are a variety of ways for foreign investors to engage with the Maldives' dynamic economy. These opportunities range from standard foreign direct investments to innovative private sector proposals and participation in Special Economic Zones.
Foreign Direct Investments
Standard Regime: Under the Foreign Investment Act, foreign investors can enter various sectors based on the Foreign Direct Investment Policy of the Maldives. This policy outlines foreign shareholding limits and minimum investment requirements. While certain sectors allow up to 100% foreign ownership, others require joint ventures with Maldivian partners.
Private Sector Initiated Proposals
Investor-Initiated Projects: The Private Sector Initiated Proposals framework allows investors to submit their own project proposals for government consideration. After submission and compliance checks, projects are evaluated for alignment with strategic priorities, approved by the Economic Council of the Cabinet, and finalized through a government agreement.
Special Economic Zones
SEZ Regime: The Special Economic Zones (SEZ) Act facilitates large-scale investments of at least USD 100 million in strategic sectors, including:
- Manufacturing
- Transshipment ports, logistics, airports, and related services
- Educational and research institutions, including universities and specialty hospitals
- ICT parks and technology facilities
- International financial services and trade centers
- Renewable energy projects
- Introduction of new technologies
- Food security
- Gas exploration
