OUR MISSION

“To strive to adhere to the highest standards, drawing on investment experience, with the objective of gaining the trust of all stakeholders through dedicative services and transparency in operations.”

Maldives Fund Management Corporation

Maldives Fund Management Corporation (MFMC) is a 100% state-owned company established in 2019 by presidential decree in the Republic of Maldives. The overall mandate of MFMC involves the fulfillment of national development goals through increased private sector investment and addressing limitations in the local financial system.

The company seeks to support sustainable economic transformation via innovative capital market solutions catering to the financing needs of the Maldivian economy, while embracing social and environmental responsibilities.

MFMC has also been handed the development rights of strategic assets in the Maldives which can assist in diversifying the economy and paving the way for sustainable development. The corporation intends to leverage these assets to formulate projects primarily focused on tourism, infrastructure, and renewable energy.

Vision and Mission

  • Vision. To support sustainable economic transformation via innovative capital market solutions catering to the financing needs to the Maldivian economy, while embracing social and environmental responsibility.
  • Mission. To strive to adhere to the highest standards, drawing on investment experience, with the objective of gaining the trust of all stakeholders through dedicative services and transparency in operations.

Objectives

  • Operate as a financially sustainable organization. MFMC will set strategies for enhancing operational capacity and achieving sustainability, with measurable actions set for operational benchmarks, profitability targets, and long-term approach..
  • Contribute towards increasing national wealth. MFMC will seek to mobilize overseas capital and harness private sector capital for commercially viable ventures. Facilitate development of key infrastructure: MFMC will provide leadership in structuring infrastructure development, through structuring project finance solutions, working across all stages of project life cycles to ensure a pipeline of scalable, affordable, and value-for- money projects.
  • Promote development of local businesses and job creations. MFMC will look to support local businesses to grow in scale and scope, with targets of helping local businesses grow beyond borders, and to become bankable and commercially viable companies with long-term growth potential.
  • Institute effective governance and risk management. Developing capacity and capability to deliver effective financing solutions remains a key strategic objective for the Corporation, with the task complemented by efforts to develop a concise risk management framework at Corporation level as well as for individual funds.
  • Embrace social stewardship within core business values The Corporation considers social stewardship as a cross-cutting theme across all business decisions, and therefore will prioritize ESG (Environmental, Social, and Governance) as well as ethical factors as a pillar of the investment decision-making process.

Our Principles

    Sustainability
    Sustainability is embedded within the core values of our corporation with emphasis placed on the wellbeing of communities, environment, and green technology.
    Professionalism
    We strive to adhere to the highest professional standards and draw on investment experience, with the objective of gaining the trust of all stakeholders through dedicative services and transparency in operations
    Transformation Vision
    The Corporation is established with the vision of transforming the local economy, and with the understanding of complexities and challenges faced in taking the Maldivian economy to the next level.
    Diversified Exposure
    Investors in funds launched by MFMC gain access to a diversified exposure to Maldives as an emerging market, minimizing risks that individual investors are exposed to.