Mon, 23 Mar 2026
|DHIVEHI
Government to offer incentives for agriculture investment to boost food security
23 Mar 2026
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Alifu Alifu Thoddoo --- Photo: Fayaz Moosa
President Dr Mohamed Muizzu has announced plans to introduce incentives for investors in the agriculture sector, as part of efforts to strengthen food security in the Maldives.
Speaking at a press briefing at the President’s Office today, the President said ensuring stable access to food supplies remains a key priority of the Government, particularly amid ongoing global uncertainties. He noted that there are currently no shortages of essential food items in the country.
The President outlined plans to provide additional support to private sector investors, including Maldivian producers, to expand local food production. Proposed measures include allocation of land for agricultural use and tax concessions aimed at reducing the cost burden on investors.
He emphasised that agriculture is a critical sector for achieving long-term economic sustainability, noting that it has not received sufficient attention in the past. The Government now aims to increase domestic production to better meet national demand.
The President added that investment opportunities in agriculture are being expanded through public-private partnerships, with the goal of building a more resilient food system and reducing reliance on imports.