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38.

Initiate work on development of Greater Male' Area transshipment port

0%

Status

Ongoing

Department

Invest Maldives

Target

Announcement and PR on plans to pursue the project

14 weeks

#ActionWeightageProgressC%
1Revisit previous
studies and existing
work on the project
10%Completed
35%
2Identify the scope,
location, business
model and financing
options for the project
15%Completed
3Identify potential investors
and carry out initial
discussions
25%Ongoing
4Finalize the modality
to deliver the project
50%Ongoing

40.

Commence work on development of Bunkering services in Gaadhoo Port

0%

Status

Ongoing

Department

Invest Maldives

14 weeks

14/12/2023

Received a letter from PO on 13th December 2023, requesting for a timeline on carrying out feasibility for the project.

On 14th December 2023, Minister briefed on findings of previous study undertaken, highlighting lack of economic viability of carrying out the project in Gaadhoo region.


Next Steps
Drafting response to PO indicating findings of previous study undertaken, outlining such feasibility (undertaken through a third party) will take time.

#ActionWeightageProgressC%
1Revisit previous studies and
existing work on the project
10%Completed
100%
2Carry out stakeholder
discussions to finalize the
scope of the project.
30%Completed
3Announcement of project to
seek potential interested
investors for the project
60%Completed

Announcement and PR on plans to pursue the project

89.

Develop platform for women and youth to retail fisheries products

0%

Status

Ongoing

Department

Policy

14 weeks

17/12/2023
Proposal received from BCC. Finalization works ongoing


Next Steps
Finalize system design, complete the testing of the platform. 

#ActionWeightageProgressC%
1Engage with self
employed workers and
SME Businesses
involved in fisheries
sector to identify the
needs and challenges
(Needs Assessment
Review) for the
requirement of a
platform​
25%​Completed
90%
2Review the 'Needs
Assessment' and
identify implementation
strategies to address
the challenges ​
25%​Completed
3Review the
opportunities available
through BCC's
Authentic Maldives
Outlets to retail
fisheries products​
25%​Completed
4Launch the "revamped"
platform​
25%​Ongoing

Online platform services launched for women and youth to retail fisheries products

90.

Introduce MVR100 million startup loan scheme for women entrepreneurs

0%

Status

Ongoing

Department

Policy

14 weeks

17/12/2023

- BCC to conduct a market analysis/need assessment for loan products.

- SDFC board review completed

 


Next Steps

1. Request for Funding from MoF

2. System updates and workflow

#ActionWeightageProgressC%
1Initiate stakeholder
discussion and
engagement​
20%​Completed
93%
2Conduct a need base
assessment to identify
market dynamics and
business themes​
10%​Completed
3Presentation of concept​30%​Completed
4SDFC system updates​20%​Completed
5Product launch​10%​Ongoing
6Initiating product
marketing​
10%​

MVR 100 million startup loan scheme introduced through SDFC

93.

Designate area in Hulhumale' for women workers to retail their products and provide services to support entrepreneurs

0%

Status

Ongoing

Department

Policy

9 weeks

11/12/2023

Conducted Stakeholder discussions with BCC & URBANCO. 


Next Steps

- URBANCO to confirm

- Possibility of allocating space/land specifically to women 

- Slots availability at Rashu Market 

- Meeting with PO for further clarification

#ActionWeightageProgressC%
1Identifying ideal location
for a market with
Urbanco and BCC​
50%​Completed
100%
2Formulate business
model and concept with
BCC​
25%​Completed
3Set-up system to open
for application /
participation in the
market through BCC​
25%​Completed

Area designated in Hulhumale’ to retail products and provide services to support women entrepreneurs

94.

Facilitating opportunities for women entrepreneurs seeking leasing finance

0%

Status

Ongoing

Department

Policy

14 weeks

17/12/2023

Micro-financing concept prepared and presented to SDFC board.


Next Steps

Request for funding from MoF

#ActionWeightageProgressC%
1Initiate stakeholder
discussion and
engagement​
10%​Completed
93%
2Review existing similar
facilities​
20%​Completed
3Presentation and
finalization of concept​
30%​Completed
4SDFC system updates​20%​Completed
5Product Launch​10%​Ongoing
6Marketing & promotions​10%​

Leasing financing options launched for women entrepreneurs

95.

Establish a system to sell farm produce made in Maldives and facilitate opportunities for women workers through this system

0%

Status

Ongoing

Department

Policy

14 weeks

17/12/2023

Meeting held with Agri Ministry and AgroNat


Next Steps

Prepare a concept to utilize resources of Agri Ministry and AgroNat

#ActionWeightageProgressC%
1Discussions with key
stakeholders and state
institutions​
15%​Completed
65%
2Review contract and
community farming
policies under AgroNat​
10%​Completed
3Identify market,
logistical routes and
operational
framework/model​
10%​Completed
4Identify demand and
marketing opportunities
for products​
15%​Completed
5Setup
transportation/logistic
mechanism for the farm
produce​
20%​Ongoing
6Setup B2C e-platform ​30%​Ongoing

System established to sell farm produce made in Maldives with a special focus on women workers

98.

Submit to parliament revised bill on copyright

0%

Status

Ongoing

Department

Legal

14 weeks

04/12/2023

Finalizing presentation for the copyright and related rights act webinar 

#ActionWeightageProgressC%
1Conduct Stakeholder
Consultations​
25%​Completed
85%
2Review the Copyright
and Related Rights Act
and public consultation
comments for
preliminary analysis and
forward the comments
to AGO. ​
25%​Completed
3FInalise the bill as per
AGO comments and
stakeholder discussions​
30%​Ongoing
4Submit revised bill to
the Parliament ​
20%​

Revised bill on Copyrights submitted to Parliament

101.

To carry out a review of the challenges in transfer of payments across online payment platforms and start work on finding legal solutions to address those roadblocks.

0%

Status

Ongoing

Department

Research

9 weeks

17/12/2023

Status review of platforms and service providers


Next Steps

Finalize the review and present to management on 28 December 2023

#ActionWeightageProgressC%
1Undertake a desk review
to assess the online
payment platforms
available, service providers
in the region, and
requirements for market
penetration​
25%​Completed
100%
2Carry out stakeholder
discussions with
Government and private
entities/individuals to
understand the key
impediments and
requirements​
25%​Completed
3Carry out discussions with
banks, financial institutions
and MMA to understand
legal challenges inherent
in the system ​
25%​Completed
4Finalize report on findings
and recommendations,
with an action plan for
implementation.​
25%​Completed

Report on findings and recommendations and action plan for implementation of solutions publicized

102.

Initiate work to facilitate retail opportunities for youth on e-commerce platforms

0%

Status

Ongoing

Department

Policy

9 weeks

11/12/2023

Stakeholder meeting with BCC conducted. 


Next Steps

Desk review of the current legal and policy restrictions for sending and receiving payments 

#ActionWeightageProgressC%
1Initiate stakeholder
discussions and identify
existing issues and
challenges ​
25%​Completed
100%
2Identify prevailing
legal/policy restrictions
with sending and
receiving payments​
25%​Completed
3Prepare report on
findings and a road map
to solving the issues
highlighted from the
review​
50%​Completed

Report on findings and recommendations and action plan for implementation of solutions publicized

103.

Facilitate opportunity for Maldivian youth to engage in freelance workers platforms

0%

Status

Ongoing

Department

Policy

9 weeks

30/11/2023

Desk review of potential problems. 


Next Steps

1. Determine structure and governance with BR.

2. Identify regulatory  stakeholders for discussion

#ActionWeightageProgressC%
1Identify prevailing
technical limitations
with sending and
receiving payments​
25%​Completed
100%
2Identify prevailing
legal/policy restrictions
with sending and
receiving payments​
25%​Completed
3Conduct stakeholder
discussion to find way
forward and alternative
methods​
50%​Completed

Report on findings and recommendations and action plan for implementation of solutions publicized