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A digest of news and opinion from the Maldives.

Greater Male’ Industrial Zone Limited (GMIZL)

Government Merges HDC and GMIZL for Operational Efficiency

Government Merges HDC and GMIZL for Operational Efficiency

By Maldives Times 1 min read

The Government has made the decision to merge HDC and GMIZL by granting the authority to develop Thilafushi, Gulhifalhu and Hulhumale under one umbrella. The main purpose of this decision is to leverage economic and financial benefits along with the attainment of operational efficiency arising from the merger. The development of Thilafushi, Gulhifalhu and Hulhumale’ […]

Government to Merge GMIZL with HDC

Government to Merge GMIZL with HDC

By Maldives Times 2 min read

The Government has expressed interest in merging the Greater Male’ Industrial Zone Limited (GMIZL) with Housing Development Corporation (HDC). According to the Managing Director of GMIZL, Ibrahim Rasheed, (Maagili Iboo) the government has been discussing merging the projects of both the establishments. He stated that a board meeting will be held tomorrow for share transfer […]