In a significant move aimed at bolstering safety and accountability in the building sector, the Government of Maldives has introduced new regulations requiring mandatory insurance for all construction projects nationwide.
Announced by the Ministry of Construction, Housing and Infrastructure, the Fifth Amendment to the Construction Industry Practitioners Regulation now makes it compulsory for developers to obtain insurance coverage prior to the commencement of any building work. The revised regulation was officially published in the Government Gazette this Wednesday.
According to the new rules, individuals or entities applying for building permits or project licenses must submit documented proof of insurance. The policy must provide comprehensive coverage for the full scope of the project, including protection against damage to adjacent properties, injury to individuals, and environmental harm. Notably, the insurance must also include coverage for vehicles parked near construction sites—areas that have historically been vulnerable to accidental damage from falling debris or machinery.
The amendment comes in response to a growing number of construction-related accidents in the country, some of which have resulted in serious injuries and property damage. These incidents have highlighted the need for stricter oversight and stronger safeguards to protect workers, pedestrians, and nearby infrastructure.
A spokesperson from the Ministry stated that the primary goal of the regulatory change is to “institutionalise responsibility” within the construction industry and ensure that fair compensation is guaranteed for victims of negligence or unforeseen incidents.
With this latest amendment, the government aims to create a safer construction environment while reinforcing legal and financial accountability among developers and contractors operating in the Maldives.
