Development Bank and Finance Center to be opened in SME Hub building

The government has reached a decision to establish a development bank and a finance center in the ground and second floor of the SME Hub building. Businesses in the first floor is set to resume as it is for now while the remaining businesses will be relocated.

Featured Image

Inside the building of the SME Hub. -- Photo: Mihaaru News

Aishath Shuba Solih

2024-07-07 14:40:53

The government has decided to establish a development bank and finance center in the SME Hub building which adopts a mini-mall concept managed by Business Center Corporation (BCC).

The building features a small library and City Bakery in the first storey while the kiosks in the second floor are dedicated to cafe's and shops of small local businesses. BCC is also presently working towards building the third storey, which was initially set to house a cinema accommodating 25 people and kiosks dedicated for businesses such as beauty salons.

This article is in our Archive

Login to read for free! Register to create an account