Thai investors have potential opportunities in Maldives: Thai PM

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MALDIVES, June 2 – Thai investors have more opportunities to invest in many business channels in the Maldive Islands, said Thai Prime Minister Yingluck Shinawatra.

During her visit to the Republic of the Maldives from June 1-3, Ms Yingluck met Abdul Samad Abdullah, Minister of Foreign Affairs of the Maldives and Ahmed Faiz Hussain, Chief Justice of the Supreme Court of the Maldives.

Ms Yingluck said after the meeting that this first official visit of a Thai Prime Minister to the Maldives was intended to strengthen 34 years of diplomatic relations. The two countries agreed to increase trade value and promote tourism.

Tourists coming to the Maldives have high purchasing power and have long-period stays, so Thai businesses can also do business in hotels and spas in the Maldives.

Thai investors have opportunities in investing in many other businesses, such as processed food, clean water and alternative energy as the Maldives imports about 60 per cent of its goods.

Ms Yingluck said the Maldives also sought cooperation in maritime security and fighting human trafficking.