# Sanya and Maldives Sign Agreements to Deepen Trade and Investment Ties

- Link: https://www.thailand-business-news.com/pr-news/sanya-and-maldives-sign-agreements-to-deepen-trade-and-investment-ties
- Published: 2026-10-31T16:10:00+07:00
- Author: PR Newswire

**_Two-day mission advances partnerships in yacht services, fisheries, and aquaculture,
turning overseas outreach into commercial opportunities_**

SANYA, China, Oct. 31, 2026 /PRNewswire/ — Sanya has secured new agreements to advance
trade and investment ties with the Maldives following a two-day mission focused 
on the blue economy, yacht services, fisheries, and aquaculture. A delegation representing
the Sanya Municipal Bureau of Commerce, the Sanya Central Business District Administration,
the Sanya Investment Promotion Bureau, and the Sanya Tourism Development Bureau 
visited the Maldives from October 27 to 28, 2026. Drawing on the favorable policies
of the Hainan Free Trade Port (FTP), the delegation met with local government and
business leaders to build commercial partnerships and identify projects for joint
development.

 [⌊Sanya and Maldives Sign Agreements to Deepen Trade and Investment Ties⌉](https://mmx.prnasia.com/media/MS2024148/20261029225353EDT_image_1.jpg?id=OA3049549&p=medium600)

Sanya and Maldives Sign Agreements to Deepen Trade and Investment Ties

The mission followed a visit to Sanya by a Maldivian trade delegation in August 
and explored how the two economies could turn their complementary industry strengths
into business opportunities. On October 27, the Sanya delegation visited Alshaali
Marine and Gulf Craft Maldives to discuss trade in yacht components, maintenance
and refurbishment, new yacht sales, and duty-free imports — with the goal of establishing
a yacht manufacturing and maintenance facility in Sanya. The delegation also met
with the Maldives Ministry of Fisheries, Agriculture and Ocean Resources to strengthen
links between fishing ports and develop trade routes for tuna, skipjack, and other
seafood to be processed in Sanya for export to global markets. Further discussions
covered aviation and tourism, tropical fruit and vegetable trade, and green energy.

On October 28, the China-Maldives Investment Cooperation Forum took place in Malé.
The Sanya Investment Promotion Bureau delivered a keynote presentation on blue economy
partnerships, highlighting how the Hainan FTP’s policy advantages and Sanya’s industrial
base can support new commercial links across the Indian Ocean. At the forum, the
Sanya Municipal Bureau of Commerce and the Sanya Investment Promotion Bureau signed
a Memorandum of Understanding (MOU) on trade and economic cooperation with the Maldives
Ministry of Economic Development, Transport and Trade. The MOU sets out a framework
for long-term collaboration in trade and investment promotion, fisheries and aquaculture,
the blue economy, and business matchmaking, with a focus on encouraging investment
in both directions.

On the same day, the Sanya Investment Promotion Bureau and the Sanya Central Business
District Administration signed a Strategic Cooperation Framework Agreement with 
Mariculture Maldives. The partners will collaborate on breeding tropical aquaculture
species, develop large-scale marine farming, and open two-way trade channels for
fresh seafood. The Maldivian company plans to establish operations in Sanya, using
the FTP’s favorable policies to expand into the Asia-Pacific market. The delegation
also held face-to-face meetings with Island Aviation Services Ltd, which operates
the national airline Maldivian, and with Leo Trading to explore further business
opportunities.

"Our overseas outreach must deliver real results. It is not enough to reach consensus—
we must turn agreements into concrete trade flows and industrial investment," said
Tong Liyan, head of the Sanya delegation and Party Secretary of the Sanya Investment
Promotion Bureau. She added that Sanya will provide comprehensive support for businesses
entering each other’s markets, helping local companies expand into Maldivian tourism
and fisheries markets and inviting Maldivian businesses to see Sanya’s industrial
parks, ports, and business environment firsthand. The aim is to turn that interest
into new investment and help Maldivian companies establish operations in the city.

Drawing on its distinctive coastal assets and the international reach of the Hainan
FTP, Sanya continues to expand its trade and investment ties with Indian Ocean island
nations. By connecting marine industries, opening trade routes, and supporting businesses
in both markets, the city aims to turn the two economies’ maritime strengths into
commercial success — making the ocean a bridge to new markets and mutual growth.

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