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MARASI YACHTS | YOUR DESTINATION<br />
H.E Sultan Bin Saeed Al<br />
Mansoori, The UAE Minister<br />
of Economy talking to Mr.<br />
Mohammed Shahid during<br />
Maldives Hospitality Forum<br />
2017 in Dubai<br />
Based on its success as a sun and sand destination<br />
Maldives opens the “Integrated Tourism” concept<br />
Its spectacular beaches and water<br />
front resorts surrounded with<br />
trees and limitless amount of<br />
sunny blue sky, is the first thing<br />
we recall when we think about<br />
travel or heavenly vacation. Yet,<br />
Maldives’ tourism sector believes<br />
that there are more opportunities<br />
to be utilized in the sector.<br />
<strong>Marasi</strong> <strong>Yachts</strong> had the opportunity<br />
to interview MITDC’s Managing<br />
Director Mohamed Shahid, to<br />
have more insights about the new<br />
capabilities Maldives is offering to<br />
investors.<br />
The Integrated Tourism<br />
“We have been well known as<br />
a luxurious destination for honey<br />
moon holidays based on the concept<br />
of “One Island One Resort”,<br />
Now we are introducing the concept<br />
of “Multiple Hoteliers in One Island”<br />
where they provide an integrated<br />
services to the tourist rather than<br />
being limited by the services of one<br />
hotel only”, said Shahid.<br />
“We are even going an extra step<br />
ahead, since we have been always<br />
known as the heaven of sun and<br />
sand. But now we are opening opportunities<br />
for other types of services<br />
and entertainment activities,<br />
where tourist will have more choices<br />
to enjoy and spend a remarkable vacation<br />
in Maldives”, he added.<br />
Halal tourism<br />
Mr. Shahid mentioned that Maldives<br />
now offers investment products<br />
and opportunities for UAE and<br />
GCC investors that is end to end<br />
halal compliant, which makes it so<br />
convenience for businessmen from<br />
the region to utilize the capabilities<br />
of tourism industry. Moreover, Maldives<br />
is working to be a main destination<br />
for Arabic families who are<br />
looking for pleasurable holidays that<br />
suites their traditions and values.<br />
From the other side Maldives is<br />
well known to be as a honeymooner<br />
heaven, however, it is working now<br />
on launching awareness campaigns<br />
to promote more its halal tourism<br />
side and showing the packages convenient<br />
for Arabic families. Maldives<br />
authorities is collaborating with<br />
many strategic partners in the UAE<br />
to build this new image across the<br />
tourism industry as clarified by Mr.<br />
Shahid.<br />
Investors protection<br />
Regarding the regulations and<br />
measures that Maldives government<br />
is offering for investors to be<br />
protected and feel that they will go<br />
for a secured business partnership,<br />
Mr. Shahid emphasized that all investors<br />
are completely protected<br />
by the laws and regulations of the<br />
country. The investors can enjoy<br />
100% free ownership for the projects.<br />
The taxation rate and system<br />
is friendly for foreign investors. As<br />
a proof for that most of the existing<br />
investors are expanding their<br />
projects because they are achieving<br />
good returns on the investments<br />
they made earlier.<br />
34 JANUARY - FEBRUARY 2018