At the Maldives Tourism and Investment Forum in New York, Special Envoy Dr. Mohamed Waheed Hassan—former President—reframed the archipelago’s global image, urging investors to seize a moment of transformation.
Once viewed as fragile following the 2008 financial crisis, the Maldives has rebounded strongly, with GDP growth projected at around 4.5% in 2025 . Dr. Waheed credited this resurgence to “Maldivian exceptionalism” and strategic recovery, not mere fortune.
Central to his pitch was Vision 2040, aiming to transition from a tourism-heavy economy toward innovation-driven growth, targeting developed-nation status by the 75th anniversary of independence . Highlighted projects include:
- Maldives International Financial Centre, part of an $8.8 billion blockchain and digital assets hub backed by Dubai-based investors.
- Innovative infrastructure like the ongoing Thilamalé Bridge, enhancing connectivity among Malé and nearby islands.
- Expansion efforts in airport capacity and sustainable fisheries to diversify economic drivers and bolster food security.
Dr. Waheed emphasized that fiscal reforms, including transparency-enhancing laws, are underway to maintain investor confidence. This, along with projected steady growth, positions Maldives as a small but serious market with global ambition.
He concluded:
“If you’re seeking a jurisdiction that moves with purpose…we stand ready to welcome you.”
