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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

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