DP World Chairman, Maldives President Discuss Future Cooperation
- Business & Finance
DP World Chairman HE Sultan Ahmed Bin Sulayem met with the Maldivian President His Excellency Abdulla Yameen Abdul Gayoom and Minister of Economic Development His Excellency Mohamed Saeed, in Malé and during the meeting discussed potential areas of cooperation and ways in which economic relations could be enhanced to higher levels.
The meeting, which was also joined by Minister at the President’s Office, His Excellency Abdulla Ameen, provided an opportunity to brief their Excellencies on DP World’s various developmental initiatives around the world and exchange views on ways in which the company may be able to assist the Maldivian Government in implementing its large-scale developmental projects.
Though a small archipelago, the Maldiveshave recorded remarkable economic growth over the past two decades attracting foreign investment and trade. Dubai trade with the Maldives registered a growth of 18% during 2013 to reach AED 296.4 million compared with AED 251.4 million in 2012.
DP World Chairman HE Sultan Ahmed bin Sulayem said:
“The Maldives have tremendous potential for growth and there is a close relationship between our two countries. I am honoured to have had this opportunity to discuss how the relationship between our countries can be further strengthened for the benefit of the Maldives and Dubai.”
The meeting was held following a visit from HE Mohamed Saeed to Dubai last week, where he met with HE Bin Sulayem to initiate talks on future cooperation. Additionally, a high level customs delegation from Maldives visited two weeks ago DP World and Jebel Ali Free Zone and Customs.
Press Release, July 1, 2014