The Maldives' Ministry of Economic Development and Trade has announced the successful completion of the Maldives-Singapore Business Forum 2025, which was hosted at Capella Singapore, Sentosa Island.
The ‘Business Forum’ is an initiative by the Ministry to take investment and business opportunities in the Maldives to foreign investors. According to the Ministry, the forum was attended by over 200 delegates, the majority comprising foreign investors, senior business executives, and government representatives from both countries.
The forum was officiated by His Excellency President Dr. Mohamed Muizzu and was graced by the presence of Her Excellency Ms. Grace Fu Hai Yien, Minister for Sustainability and the Environment and the Minister-in-charge of Trade Relations of Singapore.
In his welcome remarks, Minister of Economic Development and Trade, Hon. Mohamed Saeed, underscored the visionary leadership of President Dr Mohamed Muizzu, highlighting the ongoing economic transformation of the Maldives under Vision 2040, noting the Government’s commitment to fostering an investor-friendly environment and deepening commercial partnerships across priority sectors such as logistics, green energy, real estate, digital innovation, tourism, and the creative industries.
One of the key highlights of the forum was the signing of two significant project agreements.
- Services Contract between the Government of Maldives and globally renowned Henley & Partners, for the rollout of a Residency by Investment Program. According to the Ministry, this initiative will create new investment avenues in the real estate sector and offer high-net-worth individuals the opportunity to engage meaningfully with the Maldivian economy.
- Investment Agreement for the Project Solar City, a 100-megawatt floating solar project to be established under the Special Economic Zones framework, the first project to be awarded under the SEZ Act. According to the Ministry, the project directly supports President Dr. Mohamed Muizzu’s Vision 2040, which places sustainability at the forefront of national development.
Additionally, a Memorandum of Understanding (MoU) was also signed between the Ministry of Finance and Planning and the Singapore Cooperation Enterprise.
The forum also provided a platform for high-level panel discussions, titled 'From Foundation to Future: Deepening Investment Partnerships in Maldives', providing opportunities for senior representatives from both Maldivian and Singaporean private sectors to provide valuable insights on the evolving investment landscape of the Maldives, policy reforms under the new Foreign Investment Law, and emerging opportunities in infrastructure, finance, and regional trade.
Other key segments highlighted by the Ministry include a strategic presentation on the investment potential of the Maldives, and a Recognition Segment honoring outstanding individuals and enterprises for their longstanding contributions to bilateral commercial ties. The event concluded with a networking session, facilitating targeted business-to-business engagement and partnership building.