Housing Development Corporation (HDC)
173 articles
Latest
NewsMP seeks Majlis inquiry into secretive Port Development company
MP Ahmed Shakir has requested a parliamentary inquiry into the Maldives Port Development Company, a joint venture formed in secret by three state-owned enterprises. He raised concerns over transparency and governance, calling for the SOE Committee to review the firm’s legal formation, financing, and operational framework.
ReportFact check: No land for additional housing beyond the 15000 plots
President Muizzu claims that granting half of Rasmalé to a developer won't impact housing pledges. However, fact-checkers state this is false, as the remaining 510 hectares are insufficient to fulfill the promised 65,000 units. The project requires over 1,000 hectares to meet the government's original housing targets.
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HDC grants promotions despite directive to cut costs
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Authorities delayed relocation of vessels before bridge collision
Business
Dismissed HDC Chairman becomes new MTDC Chairman
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HDC Chairman Ahmed Shaheer removed
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HDC appoints defeated ruling PNC candidate to high-level post
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Male' Grand deteriorates despite charging maintenance fees
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New Pension Office CEO amid allegations of political influence
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SOE employees coerced into signing government petition
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CRCC paid USD 13.2 million in advance despite failing in project
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HDC clears 670 tonnes of waste from Amaan Dhoadhi area
Business
HDC wage bill hits record high following hiring spree
Business
HDC posts MVR 2 billion profit in 2024
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Security obstructs Male' councillors from meeting HDC MD
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HDC commences mass layoffs
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Debt-ridden Island Aviation launches employee housing project
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Saneeh resigns from Male' City Council's audit committee
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PNC's Saneeh appointed to chair council audit committee
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