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 News - 08-Mar-2017

Maldives Commits To New Tourism Development

Significant investment in the tourism industry in the Maldives is about to get started under a plan announced by new President Abdulla Yameen earlier this month. The Maldivian government has officially said it is committing to new tourism development with the goal of making the Maldives a 21st-century nation with economic free zones, technologically advanced cities, and plenty of opportunities for attracting new investment.

Under former president Mohamed Nasheed, the Maldives put a tremendous amount of resources into fighting climate change to the extent that they became the UN's de facto poster child for encouraging developing nations to take action. But according to Yameen, his country neglected its own development as a result. Yameen believes that a healthy economy is necessary to elicit any real change in the climate arena, and the key to a healthy Maldivian economy is tourism.

More Resorts Coming

As providers ofMaldives luxury holidays, we are fully aware that sometimes the resort offerings available to our guests are limited. That is set to change under Yameen's development plan. According to the Guardian, there are a couple of things in the works.

First, it appears as though the Maldives is ready to lease or sell an entire atoll with 19 coral islands to the Saudi royal family for as much as £10 billion. The government would use the funds to relocate local residents and build artificial islands with his many as 50 new resorts.

Second, the atoll itself (Faafu Atoll) will be developed into a Riviera-style resort by its new managers. Plans call for several exclusive luxury hotels, at least one airport, luxury housing, extensive water sports opportunities, and more. To show how serious the Saudi royal family is about the development deal, Saudi King Salman bin Abdulaziz will pay a personal visit to the Maldives with an entourage of 1,000 people in the near future.

Gearing up for a Better Future

We are encouraged by the Maldivian government's commitment to tourism development. We are thrilled to know that they have a goal of eventually increasing their 1.3 million annual visitors to as many as 7 million over the next decade. Reaching such a robust goal would mean more tourism opportunities for foreigners, more economic development in the Maldives, and more jobs for people who desperately need them.

President Yameen acknowledges the possibility of rising sea levels being a problem for the Maldives. But when it was discovered that predictions of the islands being largely underwater by the end of the century were unfounded, he decided that economic development was a more pressing need for his people

Even with its sometimes-limited opportunities, Maldives is still a great Indian Ocean destination to visit. Maldives Holidays Direct can help you plan your next holiday by offering all-inclusive packages that will have you relaxing on a beach, enjoying the sunshine and azure waters to your heart's content. We cater to UK holidaymakers who prefer the finest luxury holidays in pristine tropical settings.

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