The Business Center Corporation (BCC) has engaged an international consultant to conduct feasibility studies for a proposed garment factory on Hithadhoo Island, Addu City. BCC secured a 30,000-square-foot land parcel from the Addu City Council on a 20-year lease, and the factory is expected to create over 150 new jobs.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
An international consultant is currently working on the feasibility, initial groundwork, and operations.
Our main focus is on providing a manufacturing and developmental opportunity for local MSMEs in this industry
[The factory] will provide an unprecedented opportunity in terms of employment opportunities and an influx of related economic activities and supplementary services in the garment and tailoring industries.
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He also highlighted the potential for job creation, with the factory expected to offer over 150 new positions.
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The BCC has secured a 30,000-square-foot land parcel through an agreement with the Addu City Council, with a 20-year lease term.
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The BCC has secured a 30,000-square-foot land parcel through an agreement with the Addu City Council, with a 20-year lease term.
Word for word from the report in Maldives Republic. Open the report
Ceremony held to formalise land lease agreement between the Business Center Corporation (BCC) and Addu City Council for proposed garment factory development
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