Day: September 24, 2011

Maldives appeals to world for technical help with carbon neutral plan

The Maldives has become the first country to crowdsource its renewable energy plan on the internet.

The current draft of the plan focuses on using solar energy to generate most of the country’s electricity and cut emissions by 60 percent before 2020.

The plan suggests that up to 80 percent of the electricity island communities use could be derived from renewable energy, without the cost of energy increasing.  The plan also proposes a shift to wind, batteries and biomass to complement solar power, retaining existing diesel generators for reserve power.

The Ministry of Economic Development revealed that economic modeling had shown that it was already cheaper to generate electricity from solar photovoltaic panels than from diesel on many Maldivian islands.

The direct cost of daytime solar PV is around US $0.21 per kilowatt hour, compared to $0.28 – $0.44 per kW/hour for existing diesel generators.

The cost of decarbonising the Maldives, which spends almost 25 percent of its GDP importing fuel, mostly on marine diesel, is estimated to be US$3-5 billion over the next 10 years.

“The investments will largely pay for themselves because the Maldives would save huge sums of money on oil imports,” the Ministry of Economic Development observed in a statement.

The Renewable Energy Investment Office, based in the Ministry of Economic Development, was established to help combat global warming. Last week it opened an internet forum for local and international groups and individuals to advise the Maldives’ plan to develop solar energy, which has been approved by the Cabinet.

“The government has limited experience working with renewable energies because these are relatively new technologies to the Maldives,” noted Minister for Economic Development, Mahmoud Razee.

“We have published our investment framework online and highlighted areas where we require feedback and help. We are crowd sourcing our energy plans and inviting the whole world to help us,” Razee said.

A more detailed plan will be submitted again in February, with details on investment strategies, explained Razee.

“Maldives is the first country to do this on a global scale and over the internet. This shows that we are innovative and willing to share by working with other countries on this issue, which affects everyone. Also, it shows that we are willing to be as transparent as we can,” Razee said.

Forum users must register with their real name and submit identification information before contributing, and they will be asked a series of questions to confirm that they are qualified to share their expertise. The forum rules encourage debate, but note that comments that “are deemed offensive or inappropriate, or don’t relate to the question” will not be published.

The forum rules further requests that “criticism of a proposal has to be supported by offering a better alternative, with a clear idea of cost and practicality,” in order to be useful.

The goals of the plan, Razee stated, were to free the country from the uncertainties and costs of its oil dependency, and to demonstrate global leadership in the fight against climate change.

“While we are working now on the initial production planning and development we will also be looking to use local and international expertise to develop storage capacity,” Razee said, acknowledging that storage was a primary concern.

While the Maldives has abundant sunlight during the day, the battery technology required for large-scale power generation at night is extremely expensive.

“Right now, we aren’t looking at storage because it would double the cost in this current economic environment. Technology is evolving reasonably rapidly though, and in five or ten years we think that providing storage will more affordable,” Razee said.

“Batteries are used at night, and as we know a lot of electricity is generated then. So we will need to address the issue of storage and how to provide energy at night within our larger goals.”

Forum topics in the comprehensive crowdsourcing project include solar and wind technology, energy storage, system control and demand management, novel technologies (including marine current and ocean thermal), biomass power generation, and finance.

Under each topic the Maldives appeals for expert assistance on several technical questions, around issues such as the use of solar panels in corrosive environments, the economics of tracking or fixed solar panel systems, and the viability of low velocity wind turbines.

Visit the forum (English)

Likes(0)Dislikes(0)

Maldives director of Amana Takaful resigns weeks before IPO

Director of the Maldives branch of Amana Takaful, Hassan Ali Manik, has resigned his post scarely a week after the company announced the launch of a landmark IPO on the local stock exchange.

Manik’s resignation will take effect from the 21st of September. In a statement, Amana Takaful said Manik was tendered his resignation “citing business and personal commitments”.

The company did not announce a replacement.

Sharia-compliant insurance company Amana Takaful will issue 800,000 shares in an initial public offering (IPO) on the Maldives Stock Exchange (MSE).

In a first for the country, 20 percent of the shares will be made available to expatriates and 15 percent to overseas applicants. The remaining 65 percent will be offered to Maldivians.

The Sri Lanka-based company hopes to generate Rf16 million (US$1.4 million) in proceeds through the IPO, by selling shares at a low issue price of Rf20 (bundled in packages of 25).

CEO of Amana Takaful Maldives, Hareez Sulaiman, said the IPO would “change the way the Maldivian Stock Exchange operates as this will be the first time that Maldivians, expatriates and foreigners will be able to purchase securities in a Maldivian listed company.”

The decision to price the shares low “at a price affordable to any average Maldivian” also promised to “be a kick starter for an active stock market which may benefit the entire economy at large,” the company said in an accompanying statement.

Likes(0)Dislikes(0)

First international fast food chain opens in Maldives

President Mohamed Nasheed attended the official opening of Marrybrown, a halal Malaysian fast food chain and the first international fast food chain to come to the Maldives.

The Marrybrown franchise currently operates in 15 countries worldwide. The restaurant in the Maldives was established by Lily International Private Limited, a leading business venture in the Maldives.

In his speech at the opening ceremony, the president thanked Lily International for its various contributions to Maldivian businesses since the 1980s.

The president also noted that the Maldivian lifestyle is changing to accommodate businesses enterprises such as Marrybrown, and that steps are being taken by the government to facilitate competition in the open market. The president said necessary legal amendments such as tax and state income laws were being made, and hoped more service enterprises would be established in the Maldives.

Marrybrown Chairman Lawrence Liew said the chain caters to a general population. “We have something different for everyone at a reasonable price in a clean environment. Our kids play centre creates a positive family space,” he said.

President Nasheed eats the inaugural fried chicken burger

After a moment of technical difficulties, Marrybrown opened its doors to the president, the press and the public. The President tasted the chain’s first fried chicken burger in the Maldives alongside franchise and government officials, and was given a tour of the facility which includes an air conditioned interior dining and play area and an upper open air veranda.

Families flocked to the restaurant doors for the next few hours, eager to acquire the free fried chicken meals that were being distributed in honor of the occasion.  A chipmunk mascot in a signature pair of green overalls welcomed children to the event outside, while groups were let in in stages to avoid crowding.

“The menu for Maldives was specially designed over the last six months by our chefs, and is a combination of Malaysian and Maldivian cuisines,” Co-Founder and Group Management Director Nancy Leiw told Minivan News.

When asked about the health value of the fast food menu, Leiw claimed Marrybrown “delivered all the necessary nutrients.”

“It’s a very balanced diet. Think about a burger. You have your carbohydrates, your protein, the lettuce gives you valuable vitamins and minerals, you have everything you need.”

Burgers are served with tomato and chili sauce packets and soft drinks.

Liew said that the franchise owner is “an ambitious businessman”, and that Marrybrown will be expanding business in the Maldives. “We don’t just serve food, we serve people. We will be providing opportunities in employment, business management, and local development,” she said.

The Marrybrown opening was facilitated by Malaysian staff, who will train Maldivian employees to “pass on our expertise and style of customer service,” said Liew.

The franchise’s nationality bore special connotations for the Maldives. “Malaysia is Muslim, and the Maldives is Muslim. We share a special synergy in Islam,” said Liew. “This synergy will allow us to work together in productive ways to create new opportunities for growth in line with our shared cultural standards.”

Liew noted that Marrybrown is celebrating 30 years of operation this year, and will be holding promotions and fundraising events for local charities and businesses throughout the year.

Marrybrown plans to open several more restaurants in the Maldives in the near future.

Likes(0)Dislikes(0)

Convict released under “Second Chance Programme” arrested for drug dealing

An inmate released under the “Second Chance Programme” to be reintegrated into society was arrested on Tuesday on suspicion of dealing drugs.

Haveeru reports State Minister for Health Lubna Zahir Hussein as saying in a press conference last night that the convict would be returned to jail if he was found guilty.

Lubna stressed that the government planned to share details of the ongoing programme with the media, including cases of convicts relapsing into crime.

Five convicts released under the programme were previously apprehended after testing positive for drug use. While three of them are to be sent to detoxification centres, clinical assessments were pending for the remaining two.

State Minister for Home Affairs Mohamed ‘Monaza’ Naeem said last week that the 134 convicts released so far under the programme are being monitored under a special mechanism.

Likes(0)Dislikes(0)

President inaugurates first training course of “skills programme”

President Mohamed Nasheed has inaugurated the first course of the government’s Rf360 million national “skills programme” intended to train 8,500 youth for skilled employment.

Speaking at a ceremony at the Post Office workshop area this morning, Nasheed observed that the main impediment for employment or job creation in the Maldives was the lack of skilled workers.

There were 12,000 expatriate workers with some skills earning between Rf90,000 and Rf100,000 a month, said Nasheed, adding that 30 percent of working age youth in the Maldives could not find jobs.

The first course under the programme is being conducted by the Centre for Career and Technical Education (CCTE) to train 100 youth in heavy load vehicle operations. In addition to 60 participants to be trained in Male’, the course will also be conducted in Haa Dhaal Kulhudhufushi in the north and Gaaf Alif Villigili in the south with 20 participants each.

Participants in the various training programmes for youth would meanwhile be paid a monthly allowance of Rf2,000.

Earlier this week, the government contracted five parties to conduct training programmes for 645 youth.

Likes(0)Dislikes(0)

Maldives one of seven most important countries on UN Human Rights Council: Human Rights Watch

The Maldives has been identified as one of the seven most important countries on the UN Human Rights Council, in a report by the Human Rights Watch organisation.

The Maldives, together with Argentina, Brazil, Chile, Mexico, the United States and Zambia were identified has making “a critical difference” during the period of the report, “working both collectively and in parallel to ensure that the Council’s mandate to address and prevent situations of violations was fulfilled more rigorously, recognising the Council’s inaction of the past”.

Negative influences identified on the Council included China, Cuba and Russia, the report noted, which “systematically voted to reject any action of the Council that they deemed too critical of a state, or that was not supported by the state in question. They argued that the Council should be a forum where states meet to discuss human rights issues cooperatively without what they considered to be interfering in the domestic affairs of others.”

In particular, the Maldives was praised for its energetic engagement with the council and its solid voting record.

“Despite having a small delegation, [the Maldives] commitment to human rights and democracy has motivated it to be a part of, or to take leadership on, a significant number of initiatives over the last year. The Maldives was among the first group of signatories calling for the special sessions on Côte d’Ivoire and Libya. The Maldives also cosponsored the resolutions on Iran, Tunisia, Côte d’Ivoire, Libya, and Kyrgyzstan,” the report said.

However it identified as “regrettable” the Maldives position on whether to launch an international investigation into war crimes in the final days of the Sri Lankan civil war, “particularly on the question of accountability.”

“The Maldives has been uncharacteristically reluctant to endorse the calls of the High Commissioner and the Secretary-General’s panel for the creation of an independent international mechanism to investigate the final months of the conflict. Its close bilateral relationship with Sri Lanka, rather than the credible allegations coming from the ground, has prompted this position,” the report noted.

“The Maldives should revisit its approach on Sri Lanka in order to bring it in line with its otherwise principled approach to human rights at the Council.”

The report also noted that despite its strong record of positive engagement on many issues at the Council, “the Maldives supported the resolution on traditional values and voted with the Organisation of the Islamic Conference (OIC) against the resolution on human rights, sexual orientation, and gender identity.”

Foreign Minister Ahmed Naseem meanwhile said the Maldives was proud that the country was now “internationally-respected for its commitment to human rights and for its influence on the global stage”

“At the time, many people doubted the Government’s decision to put forward the Maldives’ candidature for the UN Human Rights Council, saying we are too small to make a difference. Human Rights Watch’s new report shows unequivocally that such doubts were misplaced. Not only has the Maldives played a central role at the Council, we have also helped make the Council far more effective as the pre-eminent global body responsible for protecting human rights,” Naseem said.

Read the full report (English)

Likes(0)Dislikes(0)