Thai investors look to the Maldives

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MALDIVES, Jun 3 – The Thai private sector has seen great potential for investment in the Maldives, Prime Minister Yingluck Shinawatra said today.

The Thai leader, who ends her three-day visit to the island nation this afternoon, said overseas investment on high-end tourism and services in the Maldives would give an opportunity for the export of Thai products.

The Maldives government is calling for additional concessions to invest on 14 different islands and Thai investors are interested in the ventures, especially in recycling and renewable energy industries, she said.

She said the South Asian country’s success in tapping tourists with high purchasing power could be an example for Thailand in improving and managing its tourist destinations.

The prime minister and the Thai delegation are due to arrive back in Thailand this evening, ending their official visits to Sri Lanka and the Maldives which began last Friday.