19 State-owned Enterprises assigned for liquidation


Maldives
PUBLISHED December 02, 2019

Ministry of Finance has published the names of 19 state-owned enterprises assigned for liquidation.

Most companies included in the list are companies established during the administrations of former presidents Mohamed Nasheed and Abdulla Yameen Abdul Gayyoom.

The companies include:

  • Maldives National Broadcasting Corporation Limited
  • Central Health Services Corporation Limited
  • Male' Health Services Corporation Limited
  • North Central Health Corporation Limited
  • Northern Health Services Corporation Limited
  • South Central Health Services Corporation Limited
  • Southern Health Services Corporation Limited
  • Upper North Health Services Corporation Limited
  • Upper South Health Services Corporation Limited
  • Felivaru Fisheries Maldives Limited
  • Koodoo Fisheries Maldives Limited
  • Kulhudhufushi Port Limited
  • Hithadhoo Port Limited
  • Madivaru Holdings Private Limited
  • Gan Airport Company Limited
  • Works Corporation Limited
  • Maldives Road Development Corporation Limited
  • Hazana Maldives Limited
  • National Investment Management Company Limited


While there are over 31 state owned enterprises, only a small percentage of companies are able to generate a profit.

Comments

Please login to Comment


NEWS ARCHIVE