Ministry of Tourism has officially unveiled the Fifth Tourism Master Plan. The plan was inaugurated by Minister of Economic Development Fayyaz Ismail at a ceremony held at the Maldives National University (MNU).
During the launching event, Minister of Tourism Dr. Abdulla Mausoom highlighted the remarkable success in the development of tourism over the past five decades. He emphasised that the new master plan aims to build upon the success of ensuring the continued growth and prosperity of the country's tourism sector.
The Fifth Tourism Master Plan is a strategic action plan formulated by the tourism ministry to foster sustainable development of the Maldivian tourism industry from 2023 to 2027. The comprehensive plan was developed with the assistance of 10 foreign consultants and eight local consultants in collaboration with the Asian Development Bank (ADB).
President Ibrahim Mohamed Solih launched the Fifth Tourism Master Plan in 2019, which encompasses various key aspects for the sustainable development of the Maldivian tourism industry. The master plan aims to promote sustainable practices within the main economic sectors, enhance the involvement of women in the tourism sector, preserve the environment, and encourage the use of sustainable energy in tourism-related activities.
The key objectives of the Fifth Tourism Master Plan include the introduction of new tourism products and the enhancement of revenue generation from tourism across all inhabited islands. The plan also focuses on implementing necessary legal reforms, embracing emerging technologies, and achieving renewable energy targets within the tourism sector. The plan also focuses on identifying strategies to develop and expand the tourism industry, preserving the rich heritage and culture of the Maldives through the expansion and promotion of tourism, and creating more employment opportunities for locals in the tourism sector.
The Fifth Tourism Master Plan reflects the government's commitment to advancing the tourism industry while prioritizing sustainability, cultural preservation, and inclusive growth. By implementing these initiatives, the plan seeks to ensure the long-term success and resilience of the tourism sector.