📢 Maldives Unveils $9B Blockchain Hub to Attract Global Investment 🇲🇻💼

The Maldives is set to establish the Maldives International Financial Centre (MIFC) in Malé, a massive $9 billion project in collaboration with Dubai-based MBS Global Investments. This initiative aims to diversify the nation's economy beyond tourism and fisheries by creating a hub for blockchain and digital assets.

Key Highlights:

Scale & Impact: Spanning 830,000 square meters, the MIFC will accommodate 6,500 residents and is projected to generate up to 16,000 jobs.

Economic Goals: The center aspires to triple the Maldives' GDP within four years and generate over $1 billion in annual revenue by its fifth year.

Funding: MBS Global Investments plans to finance the project through a mix of equity and debt, with commitments exceeding $4 billion already secured.

This strategic move positions the Maldives as a potential emerging hub for blockchain and digital asset innovation, aiming to attract global investors and diversify its economic landscape.

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