Tourism and Hospitality Expansion

The Maldivian government continues to prioritize the expansion of its tourism sector:

  • Tourist Hotel Development: In October 2024, bids were invited for leasing a 71,832 square meter plot in H.A. Baarah for the development, operation, and management of a tourist hotel, reflecting ongoing efforts to enhance tourism infrastructure. investmaldives.gov.mv
  • Luxury Resort Projects: By 2026, the Zamani Islands in the Maldives are set to host a new luxury resort complex comprising three resorts, a superyacht marina, and the country's largest underwater restaurant, targeting high-net-worth individuals and yachting enthusiasts.