The Edition


'Investments will be protected through the law': Opposition candidate MP Ibu

Lujine Rasheed
07 August 2018, MVT 12:04
Opposition coalition's presidential candidate Ibrahim "Ibu" Mohamed Soli speaks at Thimarafushi during his campaign trip to Thaa Atoll. PHOTO/MIIHAARU
Lujine Rasheed
07 August 2018, MVT 12:04

Opposition coalition’s presidential candidate, Ibrahim "Ibu" Mohamed Solih, has assured investors in the Maldives that their investments will be protected through the law.

Travelling to islands of Laamu and Thaa atolls on his campaign trip for the coming election set to be held on September 23, Ibu at Thaa Atoll Thimarafushi expressed that the biggest concern for the Maldives is the lack of credibility for investments, further vowing that the issue would be resolved in a coalition rule.

“With certainty, there is a lack of credibility regarding the atmosphere for investments in the Maldives. Should our coalition succeed in this election, we will implement laws that assure investment protection and report accordingly," said Ibu.

According to Ibu, a better law of investment will abet resort owners to proceed with their projects. Ibu pledged to issue loans to resorts in order to bring the projects to completion, as well as fund these resorts with their marketing.

Highlighting the development brought about in Thimarafushi during the past Maldivian Democratic Party (MDP) government, Ibu assured that the island would see further development as well, should his opposition coalition win the election.

MP Ibu's pledges to Thimarafushi:

- Provide housing to the people of Thimarafushi from the reclaimed area of the island.

- Better engineering and construction of roads.

- Introduction of local tourism to the island.

With these pledges, Ibu also asserted the reinforcement of the public transport system and vowed to upgrade sea vessels as well as establish better schedules to improve transportation.

The opposition coalition has completed nine campaign stops within Thaa Atoll during this campaign trail throughout Laamu and Thaa. Ibu announced subsequent campaign stops within Laamu that will continue until Wednesday.