President Abdulla Yameen Abdul Gayoom has said that public peace and security as the key ingredient for the success of the nation’s economic objectives.
The President made this remark while inaugurating ‘Hadhunmathi bodu-magu’ road development project. The inauguration ceremony was held on Monday evening at Fonadhoo of Laamu atoll.
Within this context, President Yameen stated that the bill on Prohibiting Threatening and Possession of Dangerous Weapons and Sharp Objects passed by the Parliament earlier that day will facilitate the achievement of this goal.
President Yameen highlighted the importance of ensuring a safe and stable environment to attract foreign investors in to the country.
In addition to this, the President Yameen stated that the road development project was integral to realising the developmental aspirations of the atoll. In this regard, the President highlighted that the government has high hopes for the atoll.
Underlining the Government plans for development of Laamu atoll, President Yameen noted that atoll has been identified as one of the strategic locations to be developed as a Special Economic Zone (SEZ). Continuing on, the President especially emphasised the Thumburi integrated resort development project that was to be undertaken in Laamu atoll.