The minimum investment in the Special Economic Zone (SEZ) of the Maldives has been set as USD 100 million by President Dr Mohammed Muizzu.

The announcement was made in a presidential decree issued today. Every year, the amount of investment in the SEZ should be determined and announced.

According to the presidential decree, the total proposed investment in the SEZ, including one of the strategic investments, will be not less than USD. 100 million.

Investments that could be carried out in the SEZ:

- Various types of manufacturing activities with export priority

- Transshipment port, international logistics port, airport, bulk barracking, bunkering, docking services works

- University, tertiary hospitals, super specialty hospitals, world-class research and development facilities

- World-class Information Communication Technology (ICT) park and ICT-related facilities

- International Financial Services and International Trade Centers

- Renewable energy and energy sector

- Efforts to introduce technology that is not available in the Maldives

- Food Security Sector

- Gas exploration activities

The President's decree states that the value of the investment in considering proposals from other sectors, except the financial sector, will be the minimum fixed investment amount proposed by the developer to be spent on the entire investment.