SLMLBC strengthens Maldives ties through key initiatives
The Sri Lanka – Maldives Business Council (SLMLBC) of Ceylon Chamber of Commerce under the theme “Building Bridges Between Sri Lanka and the Maldives” launched the Delegation Report and also unveiled a landmark CSR project.
The Delegation Report, highlighted the key outcomes of high-level discussions held during the mission with seven critical Maldivian ministries and stakeholders, including Maldives Ports Limited, the Ministry of Economic Development, the Ministry of Tourism, the Malé City Mayor’s Office, the Ministry of Agriculture and Animal Welfare, the Ministry of Transport and Civil Aviation, and the Ministry of Cities, Local Government, and Public Works.
The report detailed numerous opportunities for Sri Lankan companies in sectors such as logistics, tourism, agriculture, and construction. It also offered actionable insights for fostering stronger trade and investment partnerships between Sri Lanka and the Maldives. The Delegation Report further highlights several promising opportunities for collaboration identified during meetings with key ministries in the Maldives.Discussions with the Ministry of Tourism focused on fostering eco-tourism, MICE projects, and dual-destination promotions, with potential investments in guest houses, and wellness tourism. The Male City Mayor’s Office discussed opportunities for waste management and urban cleanliness, emphasizing recycling, small-scale incineration, and leveraging economies of scale. Meetings with the Ministry of Economic Development and the Ministry of Cities, Local Government & Public Works, emphasised infrastructure, sustainable island development, and privatizing waste management.
Additionally, discussions with Maldives Ports Limited revealed opportunities to expand trade, improve logistical efficiency, and explore cost-effective transportation methods, such as wooden boat services and ferry connections.
Collaboration with the Ministry of Agriculture and Animal Welfare included proposals for investments in agriculture, testing facilities and rehabilitation of coconut trees, while raising awareness about sustainable farming practices.
These discussions underscored the importance of open communication, regulatory frameworks, and innovative solutions to enhance trade and business ties between Sri Lanka and the Maldives.
The SLMLBC also announced its upcoming CSR initiative, which aims to make a meaningful impact on the residents of Faresmaathoda Island in the Maldives, located 445 km from Malé City. The CSR project is supported by a dedicated team of professionals and key partners, including main partner, Wickramarachchi Opticians and key sponsors, Aitken Spence Travels Ltd, Ocean Trade Logistics (Pvt) Ltd., Milo, Lanka Exhibition & Conference Services (Pvt) Ltd, and ENVIROMEC International (Pvt) Ltd.
SLMLBC President Sudesh Mendis emphasized the importance of these efforts in fostering closer bilateral relations. He stated that through these, the Council is not only identifying business opportunities but also fostering meaningful connections that transcend trade between Sri Lanka and the Maldives. (SS)
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