President Abdulla Yameen Abdul Gayoom has this morning met with the President of China Machinery Engineering Corporation, Mr. Zhang Chun.
At the meeting held at the President’s Office, discussions were focused on the investment opportunities available in the Maldives. In this regard, President Yameen shared with Mr. Zheng, potential areas of investment in the Maldives, in the fields of commerce, housing, tourism and power generation.
Highlighting that the foundation-laying ceremony of the 1,500 housing units project to be undertaken by the company would be held later this afternoon, President Yameen thanked CMEC and the Government of China for facilitating the project. President Yameen also expressed his gratitude for the Government of China, for promptly responding to his appeals for assistance during the Male’ water crisis. In this regard, the President especially noted that the first shipment of water assistance that arrived from China was sponsored by CMEC.
Underscoring that creating job opportunities for the nation’s youth, and providing affordable housing remains a key priority for the Government, President Yameen briefed Mr. Zhang on the Government’s vision to build a ‘Youth City’ in Hulhumale’. Continuing on, the President stressed that the Youth City will encourage urban development, provide employment, housing, and also recreational opportunities for the nation’s youth.
At the meeting, President Zhang expressed his appreciation for the support and cooperation received from the Government of Maldives in undertaking the housing development project.
