Approximately 31% of the population of the Maldives is between 18-34 years and 18% is between 15-24 years. The Higher Education sector has seen an increase in the number of private higher education providers entering the sector to meet this demand. The increasing number of institutions coupled with high student aspirations for higher education has resulted in a steady increase in student enrolment over the years. Developing tertiary education, including Technical and Vocational Education and Training (TVET) and higher education avenues in the Maldives is a priority for the government.
Policy priorities of the sector include expanding higher education opportunities, increasing access to student finance, fostering a culture of academic research, delivering quality vocational education, and aligning such opportunities to industry needs.
Opportunities for investment
Higher education as an exportable
While there is great opportunity for investors to
benefit from the increasing demand for higher
education and skills development from the
young Maldivian population, the government’s
aim is to develop higher education and skills
training as an exportable commodity that can
cater to international and regional markets.
Unique opportunities for higher education and
skills training exist in the Maldives due to the
country’s geography as well as its well-established
Technical and vocational education
Technical and vocational training that aligns with
the diversification objectives of the government
is an area that holds great opportunity for private
investors. The government is seeking to establish
links with leading countries in the area of TVET
and invite investors to establish state-of-the-art
TVET training institutes with links to international
organizations to realise the latest innovations in
Higher education institutions
The government welcomes local and foreign
investors to establish institutions of higher education.
This includes the establishment of Junior Colleges,
establishment of local campuses and affiliates of
well-established foreign universities that can cater
to the demand for higher education in the Maldives.
Research centres in academic
Opportunities are open for foreign universities to setup research outposts in local academic institutions
in the country. The unique geography and natural
environment of the Maldives offer opportunities for
research, especially in the areas of marine and reef
ecosystems and mariculture.
Other areas of education and skills
The education sector of Maldives also holds
promising prospects for investments at all levels
of education from early childhood to university
education. There are opportunities for investment
in nurseries and day care centres as well as in
specialized sectors such as medical and hospitality
schools, world class fishing and mariculture training
institutes, flying schools and training institutes for
clean and renewable energy.