President Dr Mohamed Muizzu has outlined a broad set of economic and investment priorities to German business leaders at the Maldives–Germany Business Roundtable, positioning the Maldives as a reform-driven, investor-ready economy focused on digital transformation, renewable energy, healthcare development, and sustainable tourism.

Addressing economic governance, the President said the Maldives’ Vision 2040 sets out long-term reforms to modernise institutions, improve access to foreign exchange, and expand digital public services. He said recent efforts to maintain fiscal discipline and narrow the budget deficit have contributed to stronger financial stability, noting that official reserves have reached a historic high. He added that these developments have strengthened investor confidence, with international technology firms such as Google now investing in the Maldives’ digital connectivity infrastructure.

The President highlighted banking and financial services as a priority area for investment, stating that the Government is working to provide a transparent, predictable and rules-based business environment to support long-term commercial partnerships.

On energy security and climate resilience, President Dr Muizzu said the Maldives is prioritising innovation to address energy security and high energy costs. He noted that national renewable energy initiatives, including Project Solar City, are designed to deliver affordable and resilient energy solutions while supporting decarbonisation. He said the Maldives is being developed as a practical testing ground for scalable climate solutions that can be adapted to other island and coastal economies.

The President also outlined opportunities for cooperation in the healthcare sector, stating that the Government is expanding specialised medical services to reduce reliance on overseas treatment. He said international expertise, including German experience in healthcare systems and technology, aligns with national priorities to modernise domestic healthcare delivery.

Tourism cooperation was also highlighted during the engagements, with the President noting the longstanding role of German investors, tour operators and financial institutions in supporting the Maldivian tourism sector. He said the designation of 2027 as Visit Maldives Year is intended to expand destination promotion and strengthen international partnerships, inviting German businesses to participate in the campaign. He also drew attention to new development initiatives, including the sustainable township project, Project Ayla, which has recently commenced.

During the engagements, Invest Maldives presented an overview of the national investment environment and available opportunities, while the Ministry of Tourism and Environment briefed participants on initiatives in the tourism and environmental sectors. German companies also delivered presentations on their operations and areas of interest for cooperation.

The engagements concluded with the signing of a Memorandum of Understanding between Visit Maldives and DERTOUR Deutschland GmbH, aimed at strengthening cooperation in destination marketing and promotion.

The President was received by senior representatives of German industry, including officials from the German Chambers of Industry and Commerce and a leading digital identification systems provider. The meetings formed part of the President’s official visit to Germany, which coincides with the 60th anniversary of diplomatic relations between the Maldives and Germany.