Highlighting the need for support from the Commonwealth business community, VP Hussain invited them to partner with the Maldives on its transformative journey toward shared prosperity.
Vice President Hussain Mohamed Latheef has called for action to attract private sector engagement in development efforts while speaking at the Commonwealth Business Forum: Island Leaders Round Table, ahead of the 2024 Commonwealth Heads of Government Meeting (CHOGM).
President's Office said that VP Hussain proposed actions to ensure long-term resilience for SIDS and foster prosperity for all, by fostering an enabling environment to attract private sector, collaborations centered on sustainability, and efforts to strengthen private sector to better facilitate business-to-business interactions.
He stated that while the Maldives faces significant challenges related to climate change and access to finance, the country refuses to be defined by its vulnerabilities. VP Hussain said that the Maldives, along with other Small Island Developing States (SIDS), should take control of their own destinies.
The Vice President also relayed President Dr Mohamed Muizzu’s ambitious vision for a more resilient and prosperous Maldives, with a vision of transforming into a developed country by 2040.
He also spoke on the efforts to diversify the economy, including new sectors like ICT, finance and renewable energy.
Highlighting the need for support from the Commonwealth business community, VP Hussain invited them to partner with the Maldives on its transformative journey toward shared prosperity.
Sign In
