President Dr Mohamed Muizzu attended the Maldives–Singapore Business Forum on Tuesday, highlighting key investment opportunities and reaffirming the Maldives’ commitment to deepening economic ties with Singapore.
The forum, held as part of President Dr Muizzu’s ongoing state visit, marked a milestone in 50 years of trade and commercial cooperation between the two nations. During the event, President Dr Muizzu presented awards to distinguished Maldivian and Singaporean individuals and businesses for their contributions to economic collaboration.
Investment opportunities in clean energy, luxury tourism, infrastructure, and the digital economy were showcased in alignment with the Maldives’ Vision 2040 to achieve developed country status.
Three key agreements were signed at the forum:
An MoU between the Maldivian Ministry of Finance and Planning and Singapore Cooperation Enterprise to strengthen the capacity of State-Owned Enterprises through training and consultancy.
A Services Agreement with Henley & Partners to establish a Residence by Investment Programme, promoting real estate investment in the Maldives.
An Investment Agreement with APM SPV Pvt. Ltd for the development of Project Solar City, the country’s first large-scale floating solar power project.
Singapore’s Minister for Sustainability and the Environment, Grace Fu Hai Yien, delivered a special address, praising the steady growth of bilateral cooperation and expressing optimism for continued progress.
The forum also featured a high-level panel discussion titled “From Foundation to Future: Exploring Investment Partnerships” and sideline events reflecting on five decades of Maldives–Singapore economic ties.
The forum, held as part of President Dr Muizzu’s ongoing state visit, marked a milestone in 50 years of trade and commercial cooperation between the two nations. During the event, President Dr Muizzu presented awards to distinguished Maldivian and Singaporean individuals and businesses for their contributions to economic collaboration.
Investment opportunities in clean energy, luxury tourism, infrastructure, and the digital economy were showcased in alignment with the Maldives’ Vision 2040 to achieve developed country status.
Three key agreements were signed at the forum:
An MoU between the Maldivian Ministry of Finance and Planning and Singapore Cooperation Enterprise to strengthen the capacity of State-Owned Enterprises through training and consultancy.
A Services Agreement with Henley & Partners to establish a Residence by Investment Programme, promoting real estate investment in the Maldives.
An Investment Agreement with APM SPV Pvt. Ltd for the development of Project Solar City, the country’s first large-scale floating solar power project.
Singapore’s Minister for Sustainability and the Environment, Grace Fu Hai Yien, delivered a special address, praising the steady growth of bilateral cooperation and expressing optimism for continued progress.
The forum also featured a high-level panel discussion titled “From Foundation to Future: Exploring Investment Partnerships” and sideline events reflecting on five decades of Maldives–Singapore economic ties.
