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The Maldives plans to invest $8.8 billion in a new financial center to diversify its economy.
The Maldives plans to invest $8.8 billion in a new financial center to diversify its economy beyond tourism.
Backed by Dubai's MBS Global Investments, the Maldives International Financial Centre aims to attract financial firms and digital nomads by offering tax-free benefits.
Set for completion by 2030, the project in Male will include office and residential towers, a conference center, and an oceanographic museum.
It seeks to boost the country's GDP and generate over $1 billion in revenue within five years, helping to address its debt crisis.
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Las Maldivas planean invertir 8,8 mil millones de dólares en un nuevo centro financiero para diversificar su economía.