China Tianying Inc. (CNTY) has held discussions with the Maldives on investment opportunities in the renewable energy sector of the Maldives.
The discussions were held during a visit by Maldivian ministers to China, which includes Minister of Foreign Affairs Moosa Zameer, Minister of Finance Dr. Mohamed Shafeeq, and Minister of Construction and Infrastructure Dr. Abdulla Muththalib. They are on an official visit to China from July 20 to 24.
During the visit, the ministers met with Chairman of Tianying Inc. (CNTY) Dr. Yan Shengjun, where they discussed waste management, ongoing infrastructure projects in the Maldives, and sustainable development efforts. They also explored investment prospects in the renewable energy sector of the Maldives.
The Maldives and China Tianying are already collaborating, with an MoU signed in March this year between the Ministry of Climate Change, Environment, and Energy and CNTY. The agreement, spanning two years, focuses on climate change, water and sanitation, energy, environmental protection, and low-carbon urban development. CNTY has committed to leveraging its industrial and technological expertise to support the social and economic progress of the Maldives.
The Maldivian ministers are visiting China at the invitation of Minister of Foreign Affairs of China Wang Yi. During their visit, they will meet with Wang Yi and other senior Chinese officials, as well as representatives from key Chinese companies involved in the Maldivian economy. The delegation also includes additional government officials.