The Maldives Government and MBS Global Investments have plans to create a $8.8 billion international financial center in the Maldives.
This sustainable financial free zone in Malé, Maldives, is designed to attract global financial institutions, fintech entrepreneurs and global digital nomads, positioning the region as a global business and financial hub through an integrated, mixed-use urban district.
Residents will benefit from multi-currency banking and access to offshore private banking, and regulations will support digital assets and green finance.
The goal is to increase the country's GDP within four years, with projected revenue to surpass $1 billion by the fifth year.
MIFC will have a fully climate-resilient infrastructure, and the architecture and public spaces will be powered exclusively by renewable energy. The upper level of the development will be entirely car-free, with all transport and logistics infrastructure located underground to preser
