Minister of Economic Development and Trade, Mohamed Saeed, has promised to help small and medium-sized businesses (SMEs) in Addu City. This promise was made during a recent meeting with local business owners, where he discussed how to tackle their challenges and support their growth.

The meeting aimed to find out what obstacles businesses face and how to overcome them. It also focused on speeding up government projects in Addu City. The Ministry of Economic Development said the meeting was useful for understanding the government's plans and recognizing the important role of local businesses in the national economy.

Minister Saeed highlighted how important Addu City’s entrepreneurs are to the country’s economy and assured them of his support. He explained that the government plans to speed up ongoing projects to benefit the local community.

Support for SMEs and Law Changes

During the meeting, Minister Saeed promised to review and change laws to make it easier for SMEs to grow. The goal is to create a better environment for businesses by removing barriers and making it easier for entrepreneurs to succeed.

Ibrahim Ziau Mohamed, Managing Director of the Business Centre Corporation, also attended the meeting. Both the Ministry of Economic Development and the Business Centre Corporation are working together to support SMEs, showing a national commitment to economic growth.

Focus on Economic Growth

Minister Saeed’s approach shows the government’s commitment to supporting business growth in Addu City. By speeding up projects and updating regulations, the government aims to remove obstacles for businesses and help them thrive.

The government’s goal is to help SMEs grow and create a better business environment in Addu City, leading to sustainable development and prosperity in the region.