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Kuredu Webcam - Live Indian Ocean, Maldives view

 Asia, Maldives, Kuredu Island
 

Location Information:

The Maldives or Maldive Islands, officially Republic of Maldives, is an island nation in the Indian Ocean formed by a double chain of twenty-six atolls stretching in a north-south direction off India's Lakshadweep islands, between Minicoy Island and Chagos Archipelago. It stands in the Laccadive Sea, about seven hundred kilometres (435 mi) south-west of Sri Lanka.

The atolls of Maldives encompass a territory spread over roughly 90,000 square kilometers, making it one of the most disparate countries in the world. It features 1,192 islets, of which two hundred are inhabited.[5] The Republic of Maldives's capital and largest city is Malé, with a population of 103,693 (2006). It is located at the southern edge of North Malé Atoll, in the Kaafu Atoll. It is also one of the Administrative divisions of the Maldives. Traditionally it was the King's Island, from where the ancient Maldive Royal dynasties ruled and where the palace was located.

The Maldives was largely terra incognita for tourists until the early 1970s. Strewn across the equator in the Indian Ocean, the Maldives archipelago possesses an exceptionally unique geography as a small island country. Nature has fragmented the archipelago into 1,190 tiny islands that occupy a mere one per cent of its 90,000 km2 territory. Only 185 islands are home to its 300,000 population, while the other islands are used entirely for economic purposes of which tourism and agriculture are the most dominant. Tourism accounts for 28% of GDP and more than 60% of the Maldives' foreign exchange receipts. Over 90% of government tax revenue comes from import duties and tourism-related taxes. The development of tourism has fostered the overall growth of the country's economy. It has created direct and indirect employment and income generation opportunities in other related industries. The first tourist resorts were opened in 1972 with Bandos island resort and Kurumba Village.

According to the Ministry of Tourism website, the emergence of tourism in 1972 transformed the economy of the Maldives, moving rapidly from the dependence on the fisheries sector to the tourism sector. Just in three and a half decades, the industry has become the main source of income and livelihood of the people of the Maldives. Tourism is also the country's biggest foreign currency earner and the single largest contributor to the GDP. Today, there are 89 resorts in the Maldives with a bed capacity of over 17,000, providing world class facilities for tourists whose annual arrival figure exceeds 600,000.

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