Tourism and Hospitality

Creating a retirement pension scheme for Maldivian tourism employees (by supplementing a copayment fund with State income generated by TGST hike from 12 to 16 percent).

Reforming legislation to bring real-estate tourism on par with global trends.

Ensuring added incentives for Maldivian tourism employees for career advancement to senior managerial posts throughout the industry.

Reforming tax brackets in local tourism to incentivise small and medium youth entrepreneurship throughout the sector.

Introducing a special social hosing scheme category for Maldivian tourism employees, and awarding housing for them from the first social housing schemes of the new government.

Enacting Travel Agencies Act to better regulate local, foreign and online travel agencies that operate in the Maldives, with a view to promote, protect and incentivize local travel agents in a highly competitive market.

Developing integrated tourism hubs in strategic zones in the north and south of Maldives.

Introducing a moratorium on awarding resort development and upgrading project contracts to foreign companies in areas with high quality local expertise and experience, such as architecture, interior designing, MEP consultancy and engineering, power and renewable energy, engineering and IT-related undertakings.

Enhancing the existing resort licensing mechanism to attract high-end inward investment.

Facilitating the acquisition of innovative, flexible financing by the government, to bring stalled resort development projects into operation.

Establishing supplementary transit hotels in Male' and Hulhumale' to envisage added demand generated by the completion of Velana International Airport.

Legislating for easier access, hiring incentives, ethical standards and retention guarantees for women employees in tourism and hospitality.

Introducing 1000 bursaries for language education to promote job prospects in hospitality industry (including Arabic, Mandarin, French, German, Russian and Korean).

Reducing Maldivian's airfares for foreigners on domestic routes, to boost local tourism.

Leasing a new wide-bodied aircraft in the first 3 months of the administration, to launch nonstop, direct flights between Maldives and important tourism source destinations in China.