The role of foreign direct investment has been proven to be indispensable in the economic development of countries, both rich and poor alike. Consequently, protectionism has given way for liberalization. Countries, which have hitherto been quite skeptical towards foreign investment, are discarding the prohibitive and stringent controls on inward investment in favour of increasingly investor-friendly policies, measures and incentives.

In the event there seems to have emerged a subtle competition, particularly among the developing and least developed countries, to attract foreign investment, with each country willing to offer the investor more advantages than the other. Strategies to market the country to potential investors are being continuously developed. Prudently planned marketing activities are being implemented through every conceivable medium.

Maldives is no exception to this global trend. As the internet offers an excellent and effective billboard, the establishment of this website of the Foreign Investment Services Bureau represents an important marketing step in our efforts to increase inward investment. The site offers a general overview of the investment environment in Maldives and covers the major aspects in which the potential investor would require information. I am confident that this site would provide a further impetus to the growth of foreign direct investment in Maldives.

I invite enquiries to FISB from potential investors, and guarantee FISB’s prompt attention and response to your queries. Above all, I guarantee to the investor, full support and co-operation of the Maldivian Government.

I thank you for your interest.