President ratifies the Special Economic Zones Bill

President of the Maldives, His Excellency Abdulla Yameen Abdul Qayoom has on 1st September 2014, ratified the Special Economic Zones Bill.

The Bill was passed by the Parliament at the 29th ‎sitting of its second ‎session, on 27 August 2014.

The Special Economic Zones Act is an important piece of legislature aimed to facilitate the delivery of strategic development projects needed for the country, and is a key pledge of the Government towards achievement of its economic development agenda.

The Act provides for the designation, creation and management of special economic zones in the Maldives and investments in those zones, and incentives granted to the developers and investors operating in the zones.

SEZ Act – (Dhivehi Language)

SEZ Act – (English Translation)

Posted by admin  |  Featured, News

Ministry of Economic Development
Boduthakurufaanu Magu

All rights reserved. 2014 © Invest Maldives