Investor confidence boosted with election win: Saeed

Minister of Economic Development and Trade Mohamed Saeed on Monday, has said investor confidence boosted significantly following ruling party's victory in the recent parliamentary election.

The minister made these remarks at the 'World Economic Forum' held in Saudi Arabia, where he emphasized the importance of investors in sustainable development.

"Sustainable development is not about saving the post cards of Maldives for later, but about bringing the developmental vision, funds, and technology by investors without hesitance," Minister Saeed said.

In relation to this, Saeed said on X that President Dr. Mohamed Muizzu's vision is to increase the renewable energy infrastructure in the Maldives, which would positively impact the country's economy.

He further highlighted growing popularity towards the developmental vision of President Dr. Muizzu.

The results of last Sunday's parliamentary election show ruling PNC securing 66 seats, thereby becoming the parliament's majority party.