Maldives Tourism Development Corporation (MTDC) has officially opened their new 10 storey office tower. 

To date, MTDC, established 20 years ago, was run out of rented premises in Male'. 

The new MTDC office building, located in front of the Hulhumale' Central Park, spans over 3,345sqft. The office was officially opened by Tourism Minister Mohamed Ameen. 

Besides office spaces, the building also has parking facilities in its basement. The ground floor houses a cafe', and the building also has a convention hall. 

At the inauguration ceremony, MTDC Managing Director Haaris Mohamed said that the MTDC Tower opens up avenues for the company to secure additional revenue continuously. He added that the company will continue to explore ways to build assets and expand revenue streams. 

He announced that, as part of these efforts, MTDC is preparing to develop a similar building in Male' as well. 

Haaris said that the company aims to become self-sufficient through its own revenue, and to avoid reliance on outside funding. 

Office spaces at the MTDC Tower will be rented out to external parties as well. 

MTDC acquired the land in Hulhumale' for this tower in 2022. The development of the project was awarded to China's Hunan No. 6 Engineering Co. Ltd, which began work in 2024.