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Government to Allocate 100-Hectare SEZ for Re-Export SOE

The Maldives government will set aside a 100-hectare Special Economic Zone in Thilafushi Island for a new 100 percent state-owned re-export company aimed at economic diversification. Five existing state-owned enterprises, including STO, Urbanco, MPL, MTCC and MACL, will be stakeholders, and the Economic Development Minister said land, staff, capital and resources would be allocated within the coming weeks.

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Sources 1carried it 1 of 19 news outlets we monitor
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  • 100-hectare Special Economic Zone area to be set aside Maldives Republic A 100-hectare Special Economic Zone (SEZ) will be set aside, with a view towards economic diversification, for a re-export commercial entity to be set up by the administration

    Word for word from the report in Maldives Republic. Open the report

  • 100 percent State ownership of the new enterprise Maldives Republic the President had decided to form a 100 percent state-owned enterprise (SOE), the Maldives Industrial Development Free Zone, for the purpose of economic diversification.

    Word for word from the report in Maldives Republic. Open the report

    Earlier reports gave 100% 18 Dec, 17:03 Maldives Republic

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