NewsFebruary 20, 2024

MATI Holds its 34th Annual General Meeting

The Maldives Association of Tourism Industry (MATI) held its 34th Annual General Meeting at Kurumba Maldives yesterday, with A total of 100 members in attendance. The day’s events began with a welcome address from the Chairman of MATI, Mr Mohamed Umar, who also presided over the session. The agenda included an address from the Secretary-General, Mr Ahmed Nazeer, the review and approval of the minutes of the 33rd AGM, the review and adoption of the Annual Report and Financial Reports for 2023, the approval of the 2024 budget, the appointment of auditors for 2024, the welcoming of new members and election of executive board members to the two vacant positions (by-election). 

In the member discussion session, the following topics were covered: the Government’s aim to reach net-zero emissions by 2023 and renewable energy generation in the Tourism Industry, the new terminal of Velana International Airport and developments, employment challenges, the Industrial Relations Act and trade unions, environmental conservation and the significance of creating and executing efficient management plans for protected areas like the South Ari Marine Protected Area (SAMPA). 


Following the official proceedings, the Minister of Tourism, Hon. Ibrahim Faisal and the Minister of Economic Development and Trade, Hon. Mohamed Saeed, joined the forum. The Ministers provided remarks and engaged in a Member Q&A session. This session provided members with the chance to directly engage with the Ministers and delve into crucial industry topics. The queries focused on the Economic Outlook, forthcoming development plans and immediate challenges and issues affecting the Tourism Industry. 

A video presentation that delved into the extensive work undertaken by MATI in 2023 was also showcased. The video also touched upon the Tourism Industry’s performance over the past 5 years, as well as the current and projected human resource capacity of the sector. 

In his closing remarks, the Secretary-General highlighted the importance of collaborative efforts in addressing industry challenges and called for greater unison amongst industry stakeholders, ending with an acknowledgement of the promising start to the year in terms of arrivals. 

Executive Board Members elected to the 2 vacant positions (by-election): 

1. Ibrahim Shareef, CEO and Managing Director of Maldives Airports Company Limited 

2. Renato De Olivera, General Manager of The Ritz-Carlton Maldives, Fari Islands and representative of Marriott International