The Government of Maldives has today signed the Investment Agreement with Crystal Holdings Private Limited for the development of Ayla Sustainable Township, marking the final formal step envisaged under the Special Economic Zones (SEZ) Act for the implementation of the project.
Government Signs Investment Agreement for Maldives’ First ‘Sustainable Township’ Development under the SEZ Framework
Government Issues the Permit for Sustainable Township Development under the Special Economic Zones Act
The Government, through the Board of Investments, has issued the country’s first Permit for a Sustainable Township to Crystal Holdings Private Limited on 9th December 2025. With an investment of over USD 790 million, the project will feature integrated tourism and residential facilities alongside an international hospitality school, state-of-the-art healthcare facility, and dedicated agriculture and aquaculture zones. At least 60% of the township’s energy will be generated from renewable sources.
The Government of Maldives and APM SPV Pvt Ltd Sign Landmark Agreement for the Nation’s First 100MW Floating Solar Project
On 1st July 2025, the Government of Maldives and APM SPV Pvt Ltd signed a historic Investment Agreement to develop a 100-MW floating solar power project, marking the first project to receive a permit under the Special Economic Zones (SEZ) framework. The project directly supports President Dr. Mohamed Muizzu’s Vision 2040, which places sustainability at the forefront of national progress and reinforces the Maldives’ commitment to clean and sustainable energy.
Discover Maldives:
Where lucrative opportunities meets unparalleled beauty. As the world’s leading luxury tourist destination, our thriving tourism sector has a stellar reputation for success, attracting visitors from across the globe. Our strategic geographic location on major global shipping routes, offers direct access to key markets in Asia and beyond, making us the ideal destination for investments in international trade and commerce.
With numerous strategic opportunities for investors to explore, the Special Economic Zones (SEZ) regime in the Maldives provides unique advantages for those looking for a profitable venture. Our investor-friendly policies, inclusive of tax incentives and seamless business services, positions Maldives as an attractive business environment for investors to explore. Discover the limitless opportunities that the Maldives has to offer.
Guided by the leadership of His Excellency President Dr. Mohamed Muizzu, the Maldives intends to fully capitalize on the SEZ framework to transform the socioeconomic landscape of the country.
The Government's commitment to private sector partnerships, political stability, and a competitive legislative regime governing trade and investment, ensures a secure and efficient environment for business operations.
Maldives also benefits from a skilled and youthful workforce, making it ideal for diverse investment opportunities. With strong legal protections and a focus on sustainable practices, the Maldives stands as a destination primed for diverse investments that promises growth and lucrative returns.
Opportunities
The Government invites potential investors to explore the diverse investment opportunities that the SEZ regime has to offer, through the nine strategic investment areas identified under Presidential Decree.
