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Its tourism recovery within grasp, the Maldives is now competing hard for the attention of investors and has moved swiftly to enhance government incentives aimed at encouraging them to create and build new tourism models in the archipelago.
If investors bite, the future may see a more diversified Maldives tourism offering, and a more balanced development between central and far-flung atolls, and between luxury and affordable tourism.
Recent news of a bombing assassination attempt on former Maldives president and current parliamentary speaker Mohamed Nasheed may cloud investors’ appetite. But Maldives has grappled with extremism for years.