Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

Maldives in talks with China for oil exploration

17/12/2014 by Sharon Shahzad

W1siziisijiwmtqvmtivmtcvmtivmdevmtavmjgyl0noaw5hx2fuzf9nywxkaxzlcy5qcgcixsxbinailcj0ahvtyiisijywmhg0mdbcdtawm2uixv0

Maldives today said it is in talks with two Chinese companies for oil exploration in the Indian Ocean island nation. 

Maldives' Minister of Fisheries and Agriculture Dr Mohamed Shainee said that discussions would be held with two companies in China regarding the search for oil, state-run Xinhua news agency reported. 

Opportunity will be provided to neighbouring countries to join the search, the agency quoted him as saying. This is first time Maldives has announced plans for oil exploration. 

Shainee, however, did not disclose location where the proposed exploration would take place.

Maldives' Minister of Economic Development Mohamed Saeed said that with projects such as oil exploration and bridge- construction in the agenda for discussion, the China-Maldives joint commission meeting will benefit economies of both countries. 

"This is a great achievement to us as well," he said. Maldives will officially join China's Maritime Silk Road Project during the first ever China-Maldives joint commission on economy and trade, the agency said. 

A high level delegation of cabinet ministers will participate in the discussions with the Chinese government. Maldives will also officially join the trade route during the meeting. 

An MoU establishing a Joint Committee on Trade and Economic Cooperation was one of a raft of agreements signed during the visit of President Xi Jinping to Maldives in September. 
China has already agreed to construct a bridge connecting the airport island with capital Male and upgrade the international airport. 

After a team of Chinese surveyors carried out a feasibility study into the bridge project last month, ministers said that they would seek to expedite the project while in Beijing. 
China also accounts for one third of all tourists visiting the Maldives. 

This article has been extracted from http://www.business-standard.com, please click on this link to read the article in full http://www.business-standard.com/article/pti-stories/maldives-in-talks-with-china-for-oil-exploration-minister-114121600937_1.html

Montash is a multi-award winning global technology recruitment business. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technology, Demand IT and Business Engagement, Digital and E-commerce, Leadership Talent, Infrastructure and Service Delivery, Project and Programme Delivery.

Montash is headquartered in Old Street, London, in the heart of the technology hub. Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid management in permanent and contract roles.

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtcvmdkvmjevmdgvndmvmduvmtmxl1vudgl0bgvkigrlc2lnbiaomjmplmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Why do we punish the victims of hacking?

2017-09-21 09:00:00 +0100

Hacks occur every 39 seconds, with 95% of them targeting governments, retailers and the tech industry. If the hackers are caught, they'll face prison time under the Computer Misuse Act. More often than not, the businesses who are victims of those attacks expose themselves to punishment of their own. The laws that determine the duty of protection owed to businesses and their customers is both vague and broad, making them question just how much protection...

W1siziisijiwmtcvmdkvmtgvmtavmtivndyvodeyl1dvbwvuigluihrly2ggkdiplmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Tech is for girls... and always has been!

2017-09-18 10:00:00 +0100

Today, it's hard to deny that the IT and tech industry is a male-dominated field. Women earn only 28%[1] of computer science degrees, while the quit rate for women in the high tech industry is 41%[2], twice as high as it is for men. These two statistics would suggest that perhaps women aren't just discouraged from entering the tech field, but may find it a challenging environment to work in both in terms of treatment and pay. Facebook chief operating of...