In a decisive move to fast-track national development, President Dr. Mohamed Muizzu convened a high-level working session at the President’s Office on Tuesday, bringing together Cabinet Ministers and Managing Directors of key State-Owned Enterprises (SOEs). The agenda: a comprehensive review of the government’s top-priority infrastructure projects slated for 2025.
— The President’s Office (@presidencymv) April 22, 2025
The session saw active participation from leading SOEs, including the State Trading Organization (STO), Waste Management Corporation Limited (WAMCO), Fenaka Corporation, Road Development Corporation (RDC), Maldives Transport and Contracting Company (MTCC), and Malé Water and Sewerage Company (MWSC). Each entity provided detailed briefings on their respective projects, highlighting progress and outlining strategies to meet the ambitious timelines set forth by the administration.
President Muizzu emphasized the imperative of adhering to project deadlines, underscoring the administration’s commitment to transparency and accountability. He addressed concerns raised by ministers and SOE heads, discussing solutions to potential bottlenecks and reaffirming the government’s dedication to timely and efficient project execution.
This working session aligns with President Muizzu’s broader vision for 2025, which he has declared as the “Year of Development and Economic Recovery.” The administration has earmarked this year for the launch of significant development projects aimed at revitalizing the nation’s economy and enhancing the quality of life for its citizens.
Key initiatives include an unprecedented housing construction program, positioning 2025 as the year with the most housing projects implemented within a single year. The President has also prioritized the completion of essential infrastructure, such as water and sewerage systems, before embarking on road development projects across various islands.
Furthermore, the administration is focusing on citizen-centric governance, with plans to address pressing issues in housing, healthcare, and youth development under the 2025 state budget. This approach aims to ensure that development projects are tailored to the specific needs of local communities, promoting inclusivity and equitable access to resources.
As the Maldives embarks on this ambitious development trajectory, the government’s proactive engagement with SOEs and commitment to transparent governance signal a transformative era for the nation. With strategic planning and collaborative execution, 2025 is set to be a landmark year in the Maldives’ journey toward sustainable growth and prosperity.
