What does Maldives Fund Management Corporation do?

Maldives Fund Management Corporation Limited (MFMC) is a state-owned enterprise established in 2019 and based in Malé, Maldives. With a team of 11-50 employees, MFMC operates in the investment management industry, focusing on capital market solutions to support the country's development. The corporation's primary goal is to facilitate private sector growth and increase investment to meet national development objectives. MFMC aims to create investment opportunities for both local and foreign investors across various sectors, including tourism, infrastructure, and renewable energy. It works to ease access to credit, lower finance costs, and enable access to international capital markets for long-term funding. Through these efforts, MFMC supports broader initiatives to boost national income and expand the tax base.