Articles tagged with “colomboportcity”

The Maldives is poised to make a significant leap in its economic landscape with the launch of the Maldives International Financial Centre (MIFC). This ambitious project, backed by Middle Eastern investors, aims to transform the Maldives into a future-ready economy by 2040. As the Maldives embarks on this journey, Sri Lanka finds itself at a crossroads, facing the urgent need to act swiftly to maintain its competitive edge in the region. The implications of the MIFC for Sri Lanka are profound, as it raises questions about economic strategy, investment attraction, and regional cooperation.