Government Forms a Special Committee to Build a ‘Creative Economy’

In a move towards an innovative economic landscape, the government has announced the formation of a special committee dedicated to crafting a national-level creative economic strategy. 

The primary focus of the committee is to address challenges within the education curriculum and formulate policies aimed at propelling the nation towards a more productive economic future.

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Minister Abdullah Nazim unveiled this initiative during a press conference held at the President’s Office earlier today. The committee comprises representatives from different government ministries and selected private entities. 

Such as:

  • Ministry of Economic Development & Trade
  • Ministry of Homeland Security and Technology
  • Ministry of Youth Empowerment, Information and Arts
  • Ministry of Higher Education, Labour and Skills Development
  • Ministry of Education
  • Ministry of Finance
  • Ministry of Dhivehi Language, Culture and Heritage
  • Ministry of Social and Family Development
  • Business Center Corporation
  • Trade Net
  • Selected female entrepreneurs
  • Three relevant members
  • Members of the Youth Advisory Committee

Taking a diverse approach, the committee’s goals include:

  • Establishment of an internationally accredited art school/faculty.
  • Encourage creativity and establish a modern regional production house, to be on the site allocated to Business Center Corporation (BCC) on Chaandhanee Magu.
  • Establishment of a fund to provide financial assistance to those interested in technical and creative work. BCC will be appointed as the parent of the fund and will provide incubator services to those who want to engage in the creative economy
  • Opening up international investment in modern technology and infrastructure to facilitate the creative economy
  • Further strengthening of intellectual property laws and registration of patents, trademarks and copyrights
  • Develop master plans including technology hubs and parks when developing cities across the country
  • Establishment of centres for teaching cultural and technical works of Maldives

Minister Nazim confirmed that the proposed timeline by the Ministry of Economic Development & Trade has received the Cabinet’s approval, marking a critical milestone in the establishment of a creative economy in the Maldives. 

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