State company
State Electric Company Limited
In the news, last 90 days
Infrastructure
Last island under Fenaka’s utility belt transferred to STELCO
STELCO completed the transfer of utility services from Fenaka Corporation, with L. Fonadhoo becoming the final island integrated, marked by a ceremony on Thursday. With the transition, utility services across 127 islands in the remaining atolls now fall under STELCO's management.
Politics
AgroNat to Move Under MIFCO as Government Pushes Ten Citizen Owned Resorts
President Dr Mohamed Muizzu announced that Agro National Corporation Limited (AgroNat) will become a subsidiary of Maldives Industrial Fisheries Company Limited (MIFCO), alongside a wider consolidation of state-owned enterprises. He also reaffirmed a plan to develop ten citizen-owned resorts on ten designated islands, with annual foreign-currency payments to citizens anticipated from 2030.
Where and about what
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