Threshold for national security and sovereignty projects raised to USD 100 million

President Dr Mohamed Muizzu has raised the minimum expenditure threshold for projects undertaken in the interest of the public related to national security and sovereignty from USD 15 million to USD 100 million.

This increase aims to support larger, more impactful projects aimed at safeguarding the independence and sovereignty.

In addition to projects focused on sovereignty, the revised policy also allows for investment in key infrastructure areas such as airport construction, housing projects, and land reclamation.

However, the required investment for these infrastructure projects remains the same.

The policy specifies the minimum financial allocation required for each project, ensuring that the most critical initiatives receive the necessary resources for successful implementation.