Interested in investing in the Maldives: Chinese banks

Officials from key banks in China have expressed their interest in investing more in the Maldives.

The officials stated this in a high-level meeting of the visiting Maldivian delegation and senior officials of Chinese banks, held on the sidelines of President Abdullah Yameen’s visit to China.

The Maldivian delegation included Minister of Economic Development, Mohamed Saeed, Governor of Maldives Monetary Authority, Ahmed Naseer, Minister of State for Economic Relations at the President’s Office, Mohamed Luveiz, and Chief Communications Strategist of the President’s Office, Ibrahim Imjad Jaleel.

At the meeting with officials representing ICBC, EXIM Bank, CDB and BOCOM of China, the Maldivian delegation expressed appreciation for being the financiers behind a number of mega projects being carried out in the Maldives. Discussions were also held on the financial market and foreign investment opportunities in the Maldives.

‘Speaking at the meeting, senior officials from the Chinese banking institutions expressed their confidence in the success of the key developmental projects currently underway in the Maldives. Furthermore, they stated that the agreements signed between the Maldives and China yesterday will open up new avenues for business development, and expressed keen interest for future partnerships,’ President’s Office said.