(MENAFN- NewsIn Asia)
Male, November 10: Maldivian President Dr. Mohamed Muizzu has announced an ambitious vision to spur equitable economic growth across the Maldives by establishing Integrated Development Zones in the northern and southern regions and developing seven additional regions as urban centers.
His strategic plan aims to decentralize development, enhance local economies, and improve the quality of life across the island nation.
In his recent address, Dr. Muizzu outlined how this bold initiative aligns with his administration's long-term goals of reducing disparities among the atolls and encouraging sustainable growth beyond the capital, Male'. By developing these zones and urban centers, the administration envisions better infrastructure, expanded services, and diverse job opportunities, allowing citizens to thrive without the need to migrate to the capital.
ADVERTISEMENT
Integrated Development Zones in the North and South
Under Dr. Muizzu's plan, the northern and southern regions will be the primary focal points of economic growth through the establishment of Integrated Development Zones. These zones will serve as key industrial and trade hubs, supporting new business opportunities, enhancing the Maldives' tourism offerings, and creating employment across various sectors, including fisheries, logistics, and energy.
The zones are also expected to host educational and healthcare facilities to provide greater access to essential services. Dr. Muizzu emphasized that these areas would become“self-sustaining regions” equipped with the necessary resources and facilities to attract investment, support small and medium-sized enterprises, and stimulate regional economies.
Transforming Seven Regions into Urban Centers
To complement the development of the northern and southern zones, Dr. Muizzu plans to transform seven additional regions into urban centers. The focus on these regions is intended to decentralize the population, reduce congestion in Male', and develop the Maldives into a more interconnected and balanced society. Each urban center will have upgraded infrastructure, including modern transportation networks, expanded housing, and essential services.
Dr Muizzu
The President's vision includes a comprehensive approach to urban planning, with emphasis on sustainability and resilience. By creating more livable urban spaces with reliable utilities, high-quality education and healthcare, and efficient waste management systems, these urban centers will set a new standard for development across the Maldives.
A Path to Sustainable Growth
Dr. Muizzu stressed that the government's approach to development is grounded in sustainable principles, with plans for renewable energy integration, climate-resilient infrastructure, and eco-friendly urban planning practices. The administration aims to involve local communities in the planning and implementation stages, ensuring that the projects meet their specific needs and respect the natural environment.
“This vision will pave the way for a more inclusive Maldives, where opportunities are not limited by geography,” Dr. Muizzu stated.“By distributing development across regions, we are creating new avenues for prosperity and ensuring that no one is left behind in our nation's progress.”
Local and International Support
The President has expressed optimism that local and international investors will support these initiatives. With the Maldives' strategic location and its emphasis on green and sustainable development, Dr. Muizzu believes that the Integrated Development Zones and urban centers will attract both domestic and foreign investment, further solidifying the Maldives as a competitive player in the global economy.
Next Steps
The administration has initiated consultations with local leaders, policymakers, and community representatives to shape the detailed planning and ensure the projects align with local aspirations. Dr. Muizzu's vision marks a pivotal shift toward a decentralized Maldives, where each region can contribute to and benefit from national growth.
In the coming months, the government will release further details, including specific development timelines and investment opportunities, to realize this transformative vision for the Maldives.
Sent from my iPhone