Singapore’s Crescendas Group has insisted that despite the current political turmoil, Maldives has a safe and secure environment for foreign investors.
Crescendas group is currently developing a resort in Addu Atoll Hankede.
“Before we came to Maldives we heard disconcerting stories about Maldives. But when we came to Maldives we found that there were problems. There are no concerns. We are also thinking to invest here for the long term. That is because we have strong confidence. Otherwise we wouldn’t have brought our funds to invest it here,” Crescendas group Chief Executive Officer (CEO) Lawrence Leo said.
Lawrence said there are numerous sectors that can be invested in Maldives.
“There is huge investment potential here. We have met many from both the private sector and government. We have received great support from everyone. Most important thing to be noted is everyone we met gave very positive responses. This shows that Maldives is one of the best places to invest,” he added.