DP World forges links with the Maldives

DP World believes the Maldives has huge potential for growth.
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A DP World delegation has visited the Maldives and met with senior members of government to discuss potential areas of cooperation across various industry sectors.

DP World chairman, and chairman of Ports, Customs and Free Zone Corporation (PCFC), HE Sultan Ahmed Bin Sulayem met recently with the President of the Maldives His Excellency Abdulla Yameen Abdul ‎Gayoom and Minister of Tourism Ahmed Adeeb Abdul Ghafoor, together with senior company officials, in Malé. 

In a cabinet meeting with HE Abdul Ghafoor following talks with the President, HE Bin Sulayem expressed his support for the fortitude and strategic expertise with which the Maldives have planned their development initiatives.

The archipelago has delivered consistent economic growth throughout the latter part of the last decade with an annual real GDP growth averaging six percent.

With an economy that is primarily dependent on tourism, the focus has broadened to include auxiliary industries such as transportation, communication and construction.

Following the meeting DP World Chairman and Chairman of Ports, Customs and Free Zone Corporation (PCFC), HE Sultan Ahmed Bin Sulayem said the Maldives have tremendous potential for growth and Dubai’s symbiotic relationship with the country calls for continuous cooperation both today and in the future.

“I am honoured to be part of these on-going talks and look forward to building on the warm relationship between the Maldives and Dubai. It is clear that the Maldivian government has great plans for its people’s future and we hope to help by offering expertise and experience wherever possible to help translate the huge potentials of the country into a strong economy based on modern infrastructure.”

The building of these economic ties have reflected positively in the bilateral trade between Dubai and the Maldives, which has grown by 18 per cent in 2013 amounting to Dhs296.4 million, compared to Dhs251.4 million in 2012.

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