Politics

Laamu Atoll identified as potential SEZ as Yameen inaugurates link road

16 Dec 2014, 2:02 PM
Daniel Bosley
President Abdulla Yameen yesterday inaugurated the Laamu Atoll link road, revealing that the area has also been identified as a potential special economic zone.
The president stated that the road – to be built and and financed by the Chinese government – was symbolic of the close ‎friendship between the two nations.
Meanwhile, the Maldives has officially signed up to China’s Maritime Silk Route project, with economic development minister Mohamed Saeed signing an MoU during the first meeting of the Joint Committee on Trade and Economic Cooperation in Beijing today.
The agreement will allow the Maldives to take an “active role” in the construction of the project as well as sharing information on national economic development plans, explained the foreign ministry.

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