Vice President Faisal Naseem has stated that President Ibrahim Mohamed Solih's administration prioritized promoting private sector organizations.

VP Naseem reaffirmed the administration's commitment to fostering private companies while speaking at the seventh edition of the "Gold 100 Gala" at CROSSROADS Maldives, on Tuesday.

Speaking at the function, the Vice President underscored the role of the private sector in promoting economic growth and job creation. He also emphasized on the need for the private sector to work more closely with the administration to advance national development and improve society.

Highlighting the ever-evolving nature of the world, the Vice President stressed the need to leverage innovation and introduce new ideas and enterprises to help the growth and diversification of the economy. Vice President Naseem also called on corporate leaders to promote building a resilient workforce driven towards success.

At the function, VP Naseem launched the 2023 edition of the Gold 100 magazine. He also presented the "Lifetime Achievement Award" to Ahmed Nashid, the Chairman of the ADK Group of Companies.

The "Gold 100 Gala" is an event organized by the media and marketing company Orca Media Group.

Orca Media Group's Corporate Maldives publishes the "Gold 100" ranking of the top 100 corporate organizations in the country every year.

The "Gold 100 Gala" is an invitation-only networking event that brings together top executives from the business sector and supports individuals looking for new business initiatives.