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A digest of news and opinion from the Maldives.

MTCC

The barge "Kurimagu" of MTCC, carrying 3,300 tonnes of aggregate to HDh Kulhudhuffushi, capsized after it was caught in a storm. PHOTO/READER

Capsized barge was insured, reveals MTCC

1 min read

The barge “Kurimagu 7” of MTCC, carrying 3,300 tonnes of aggregate to HDh Kulhudhuffushi, capsized after it was caught in a storm. PHOTO/READER Maldives Transport and Contracting Company (MTCC) on Tuesday revealed that its barge, which capsized while carrying 3,300 tonnes of construction aggregate to Haa Dhaal atoll Kulhudhuffushi island last Thursday, had been insured. […]

The barge "Kurimagu" of MTCC, carrying 3,300 tonnes of aggregate to HDh Kulhudhuffushi, capsized after it was caught in a storm. PHOTO/READER

Barge carrying aggregate to Kulhudhuffushi capsizes

1 min read

The barge “Kurimagu” of MTCC, carrying 3,300 tonnes of aggregate to HDh Kulhudhuffushi, capsized after it was caught in a storm. PHOTO/READER A barge carrying 3,300 tonnes of construction aggregate to Haa Dhaal atoll Kulhudhuffushi island last Thursday was caught in the severe storm across the Maldives and capsized, Mihaaru has learnt. The barge, which […]

Two staff of Fenaka lays the foundation of one of the towers to be developed under the mega "Hiyaa" project in Hulhumale's second phase of development. PHOTO/PRESIDENT'S OFFICE

Three more state companies open bids to develop towers in Hulhumale

2 min read

Two staff of Fenaka lays the foundation of one of the towers to be developed under the mega “Hiyaa” project in Hulhumale’s second phase of development. PHOTO/PRESIDENT’S OFFICE Maldives Transport and Contracting Company (MTCC), Maldives Ports Limited (MPL) and Waste Management Corporation Limited (WAMCO) have also opened bids to develop towers of 15-storeys in the […]

Save The Beach Maldives ‘Moodhu Majaa’ event to be held on 18 November

Save The Beach Maldives ‘Moodhu Majaa’ event to be held on 18 November

3 min read

Save The Beach Maldives will be hosting its annual event at Villimale’ on the 18th of November 2017. This year, the event has been named ‘Moodhu Majaa’ and in addition to environment and awareness initiatives, it will also feature many educational and enjoyable activities to celebrate the occasion of the NGO’s 10th Anniversary. Moodhu Majaa […]

MTCC's biggest dredger 'Mahaa Jaffar' entering H. Dh. Kulhudhuffushi on October 25, 2017. PHOTO : MTCC

Maldives pres kicks off land reclamation for Kulhudhuffushi airport

5 min read

Aerial view showing MTCC’s dredger “Maha Jarraf” off the coast of HDh. Kulhudhuffushi. President Abdulla Yameen Abdul Gayoom has officially launched the land reclamation project for the development of a domestic airport in Haa Dhaal atoll Kulhudhuffushi island. Yameen inaugurated the project at a colourful ceremony held in the island on Saturday evening. He was […]

15 Hectares of land to be reclaimed in Kulhudhuffushi

15 Hectares of land to be reclaimed in Kulhudhuffushi

2 min read

In order to develop an airport in HDh. Kulhudhuffushi, 15 Hectares of land will be reclaimed from the islands pond and sea area, according to MTCC. Managing Director of MTCC Mr Ibrahim Ziyath stated that the project will commence soon. He also added that currently, other preparations related to the project are going on, such […]

MTCC Press conference held on OCt 22

MTCC’;s mountainous dredger to arrive in Maldives this week

2 min read

The Maldives Transport and Contracting Company (MTCC)’s Chief Executive Officer Ibrahim Ziyath has said that its mountainous dredger, commissioned by President Abdulla Yameen, will dock at Haa Dhaalu Kulhudhuffushi on the 25th of this month. At a press conference held at MTCC’s head office on Sunday, Ziyath said that the ‘Mahaa Jarraafu’ was crafted within a 15-month […]

MTCC begins selling their shares throughout Maldives

MTCC begins selling their shares throughout Maldives

2 min read

In order to obtain over MVR 304 million, MTCC has begun to sell their shares throughout Maldives under their rights issue. MTCC will be selling their shares in Male’ on the 3rd floor of MTCC Tower. By officially launching MTCC Rights Issue, General Manager Ismail Aduham said that over 9 teams will be actively taking […]

MTCC appoints Maldives Securities Depository (MSD) as the service agent for Rights Issue

MTCC appoints Maldives Securities Depository (MSD) as the service agent for Rights Issue

2 min read

Maldives Transport and Contracting Company (MTCC) signed an agreement with Maldives Securities Depository (MSD) whereby MSD was appointed as the service agent for MTCC Rights Issue. According to this agreement, MSD will be responsible for looking after Rights Issue process. Through MSD, the Rights Issue communication between shareholders will be carried out more resourcefully. Some […]