HDC unveils masterplan to develop Thilafushi as industrial hub

Athif said details of land sales and lease models would be made public in the near future.

15 December 2022

200 applicants for Hulhumale garage move; land handover in March

The company is working on handing over the land earmarked for the garages by March.

25 January 2023

Opposition threatens to seize Thilafushi land once in power

The land is given to foreigners on lease for 99 years.

11 February 2023

Motion on 99-year foreign lease of Thilafushi land rejected

Maldivian businessmen living in the Male area are already facing a shortage of land.

7 February 2023

90% of Thilafushi land reserved for Maldivians: HDC

Pointing out that Thilafushi is not a special economic zone, the HDC said foreign businesses will have to follow local laws.

9 February 2023

Vehicles parked in Hulhumale illegally identified; towing next

The statement did not specify when the work would begin.

2 February 2023

Pres assures Thilafushi land policy revision to protect locals

MACI's statement said the president assured that land would not be given from Thilafushi in a way that would harm Maldivian businesses.

16 February 2023

Foreign project contractors ineligible for Thilafushi land: HDC

Some businessmen have also met President Ibrahim Mohamed Solih to express their concerns.

20 February 2023