President Dr Mohamed Muizzu emphasised the importance of collaboration between India and the Maldives in advancing digitalisation and sustainability during his address at the India-Maldives Business Forum in Bangalore. The forum, which took place on Wednesday, coincided with the President’s ongoing state visit to India.
In his remarks, President Muizzu highlighted several key initiatives aimed at fostering digital growth in the Maldives, including the integration of digital financial services and the introduction of the RuPay card. He also reaffirmed his administration’s commitment to climate action and multilateral cooperation, noting that the Maldives is working to expand its digital economy through the Maldives Creative Economic Strategy. This strategy seeks to revitalise technology-driven industries, as well as the arts and media sectors.
President Muizzu emphasised the potential benefits of closer ICT collaboration with India, particularly by drawing on Bangalore’s expertise in the technology sector. He suggested that strengthening ties with educational institutions and tech companies in Bangalore could help the Maldives enhance its technological capabilities and bridge the digital divide.
The President also pointed out that the Maldives provides a favourable environment for Indian investment, citing its geographical proximity, shared cultural ties, and a supportive business climate. He invited Indian investors to explore opportunities in areas such as sustainable tourism and renewable energy, stressing that Indian expertise could contribute to a more sustainable future for the Maldives, boost its economy, and support global efforts to combat climate change.
In closing, President Muizzu expressed his gratitude to the Indian government, the business community, and all those who contributed to the success of his visit.
