Friday, April 23, 2010

President informs South Korean business sector on the investment opportunities in the Maldives

President Mohamed Nasheed has informed the representatives from South Korean business sector on business and investment opportunities in the Maldives.

Speaking at a meeting held at Intercontinental Hotel in Seoul with South Korean businesses, President Nasheed elaborated on the potential investment opportunities in green energy industry and government’s housing projects, in addition to traditional industries such as fishing and tourism.

The President said the government would welcome South Korean companies that were interested in investing in the Maldives.

He also said South Korea was a growing market for Maldives tourism industry, and numbers of South Korean tourist arrivals were continuously increasing.

During the meeting, number of Korean companies expressed interest in investing in the Maldives. They sought information on the regulations on foreign investments in the Maldives and the government incentives to encourage investments.


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