The ongoing technological transformation at the global level has the potential to boost more inclusive and sustainable growth by spurring innovation, generating efficiencies, and improving services.

This is clearly evident in the Maldivian context where the demand for IT services in both the government and private sector has been increasing rapidly. However, ICT remains a field that has not been given adequate significance. There is a large talent pool in the country and a significant percent of brain drain has already taken place, given the unavailability of options for further growth and development for individuals trained in this sector.

In this respect, Government is seeking assistance to develop conceptual proposals and feasibility studies for the following IT related infrastructure:

• Establishment of a world class technology and STEM education centre
• Establishment of an IT Park – mix of infrastructure, superstructure, support services, real estate, office spaces, innovation hubs – attract major IT brands to establish regional officer