Oil exploration attracts investors at Singapore investment forum
26 Apr 2014, 8:10 PM
Lucy Lovell
The Maldives has garnered interest in oil exploration during an investment forum in Singapore.
Minister of Fisheries and Agriculture, Dr. Mohamed Shainee, told Minivan News at least one investor will be visiting the Maldives in the coming weeks to present their company profile and discuss the project further.
Over 160 companies and nearly 200 representatives from 16 countries were present at the first overseas investor forum organised by the Maldives.
Speaking at the event on Friday, Shainee assured potential investors that there was no room to refute the presence of oil in the Maldives based on seismic testing by Royal Dutch Shell.
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