Hotels and Resort Construction has revealed that the company is developing 4 resorts in Male’ atoll after reclaiming land.
During a presentation given at the investment forum held in New Delhi the chairman of HRC Mohamed Ali Janaah said that they are developing 4 resorts in association with a foreign partner.
“ Maldives is one of the easiest countries to invest in the whole world. In the past I have conducted successful projects with foreign partners in Maldives” said Janaah. He said that serious investors can easily invest in Maldives.
“Current government has provided many incentives for investors at the moment. Resort developers get a three-year duty free period. There are several other benefits like this “ said Janaah.
He said that HRC is the only company specialized in resort construction in Maldives. He said that they have conducted successful projects all over the world.
In addition, he said that the total worth of the projects conducted by that company in Maldives amounts to 500 million dollars.
HRC to develop resorts in Male’ atoll after reclaiming land
