Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
financial centre in the Maldives
Global investment

A new financial centre in the Maldives is a step towards economic diversification

07.07.2025
2 min read

Financial centre in the Maldives to receive investment of about US$9 billion

Investment in the Maldives Financial Centre will total US$8.8 billion. The country’s government initiated the project. MBS Global, a company registered in Dubai and acting as the royal office of the Sheikh of Qatar, is the partner.

Project features

Construction of the centre has already begun in the capital city of the Maldives, Malé. Experts expect the facility to become operational within five years. The key advantages of this business centre are:
– no corporate taxes;
– the centre is open to businesses and individuals with no residency requirements;
– tax incentives for the inheritance of assets;
– access to multi-currency banking;
– trading operations using blockchain technology.
The financial centre’s key objective is to create a free zone for businesses related to crypto-assets in one way or another. The facility includes:
– a conference building with a capacity of 3,500 seats;
– three residential complexes with office space.
The financial centre is set to become an international hub for the crypto industry and innovative fintech companies. Spanning 830 thousand square metres, it will accommodate around 6,500 people. Additionally, the centre will create 16,000 job opportunities for residents.
According to a government statement, the project will help to triple the Maldives’ GDP within four years. Revenue from the centre is expected to reach US$1 billion within five years.financial centre in the Maldives-2

Interest of the parties

It is worth noting that the value of investments in the project exceeds the size of the country’s GDP (approximately US$7 billion). Stakeholders see implementing the project as a strategic opportunity to diversify the economy. Currently, the country’s key sectors are fishing and tourism. However, the government intends to move away from these traditional areas and expand economic opportunities.
The Maldivian economy has been in crisis for a long time. The country’s public debt is rising, and access to international finance is becoming increasingly limited. Moody’s states that the Maldives’ external liabilities will reach US$700 million in 2025. This amount will rise to more than US$1 billion in 2026.
In 2024, the country was on the verge of defaulting on Islamic bonds. India’s financial support averted the crisis. India provided the Maldives with an interest-free loan of US$50 million.
MBS has approximately US$14 billion under management. The company will finance the project through equity and debt. It already has US$5 billion to invest in the centre.

Tags: Global investment
0
Previous Post National Stock Exchange of Australia has secured investment

You Might Also Like

Sony Group
Global investment
Japan’s Sony Group announced a new development strategy
25.02.2022
Doublicat
Global investment
Application Doublicat from the Ukrainian startup RefaceAI has received investments
01.01.2021
clean energy investment grows
Global investment
IEA: Clean energy investment to reach USD 2 trillion
06.09.2024
Saudi Arabia and Egypt NEOM city
Global investment
Saudi Arabia and Egypt to build the megacity of the future
26.01.2024
self-driving cars developer Cruise
Global investment
Microsoft has partnered on an autonomous vehicle project
28.10.2021
Saudi Arabia invested in Pakistan
Global investment
Saudi Arabia plans to increase investment in Pakistan’s economy
04.04.2023

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics