This report provides a comprehensive analysis of the construction industry in the Maldives, highlighting key characteristics, trends in construction-related costs, and insights into construction finance.
The construction industry is crucial to the Maldivian economy, playing a key role in providing essential infra- structure for socio-economic devel- opment. This includes construction of roads, highways, harbors, ports, bridges, tunnels, and the building of factories, residences, offices, schools, and apartments.
The industry consistently ranks as a significant GDP contributor, holding the second or third position, and has been one of the fastest growing industries in the Maldives.