Govt to award another island to MTCC for resort development

The Maldives government has decided to award another island for resort development to Maldives Transport and Contracting Company (MTCC), announced the company late Tuesday.

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MTCC's CEO Ibrahim Ziyath speaks at the company's annual general meeting. PHOTO: HUSSAIN WAHEED/MIHAARU

Fathmath Shaahunaz

2017-08-30 17:29:26

The Maldives government has decided to award another island for resort development to Maldives Transport and Contracting Company (MTCC), announced the company late Tuesday.

Speaking at MTCC’s annual general meeting at Dharubaaruge convention centre in capital Male, the company’s CEO Ibrahim Ziyath disclosed that the government plans to award an island in order to subsidize MTCC’s ferry services. However, Ziyath did not specify which island MTCC is to receive.

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