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Consultancy firm, Nexia, hired for 20-year national development plan

Representatives from Nexia Maldives pose for photos after an initial project meeting with the Ministry of Finance and Planning on July 23, 2025. (Photo/Nexia Maldives)

Private consultancy firm Nexia Maldives has been hired by the Finance Ministry to provide consultancy services for the 20-year national development plan being formulated by the government.

Nexia appears to have been hired for the project in July.

President Dr. Mohamed Muizzu had announced his decision to formulate a 20-year national development plan on September 17 last year. He inaugurated the public consultation process for the plan a month later, on November 6.

President Dr. Mohamed Muizzu addresses the inauguration of the public consultation process for Maldives’ 20-year national development plan on November 6, 2024. (Photo/President's Office)

The 20-year national development plan seeks to guide economic, social, environmental and urban development across the Maldives over the next 20 years.

The Finance Ministry said the plan will be formulated with input from all stakeholders across the Maldives.

According to Nexia, it plans on wrapping up meetings with various stakeholders within the next four months, and formulate a plan around-mid January

The government aims to finalize the national development plan within one year.

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