A NEW CHAPTER FOR THE MALDIVES
The Maldives Waterfront & Marina in Ras Malé marks a transformational new chapter for our nation.
Announced on 21 September 2026, the multi-phase mega-project with an overall development scale envisioned at around US$20 BILLION represents one of the most ambitious investment initiatives in Maldivian history. It is projected to attract major foreign investment, create 54,000+ jobs, welcome 1 MILLION+ visitors annually at full maturity, and generate US$2 BILLION+ in annual tourism revenue.
This is the vision of President Dr Mohamed Muizzu a vision for a stronger, more diversified and prosperous Maldives.
From housing and urban development to tourism, investment and new economic opportunities, Ras Malé is being shaped into a new global destination.
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