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STO invested MVR393 mln in 2017: Shaheer

Shaina Abdulla
02 June 2018, MVT 16:09
State Trade Organisation (STO) managing director Ahmed Shaheer speaking at the Annual General Meeting 2018.
Shaina Abdulla
02 June 2018, MVT 16:09

State Trade Organisation (STO) managing director Ahmed Shaheer has revealed that the company made investments worth MVR393 million in 2017, making it the company’s highest investment value.

Speaking during the annual general meeting held at Dharubaaruge, the managing director noted that the company had expanded its’ petroleum product storage in Kaafu Atoll Funadhoo to ensure strategic development of the business.

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