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Wednesday, 28 Oct 2026
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#Mtcc

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Integrated National Ferry Network operations commenced in Haa Dhaalu Atoll
Business

Integrated National Ferry Network operations commenced in Haa Dhaalu Atoll

The Integrated National Ferry Network designed to connect the Maldives with high-speed ferry system has commenced today in Haa Dhaalu Atoll. Under the first phase of the Raajje Transport Link (RTL), ferry’s were commenced to islands in Haa Dhaalu Atoll from...

MTCC’s Annual General Meeting to be held on May 19
Business

MTCC’s Annual General Meeting to be held on May 19

Maldives Transport and Contracting Company (MTCC) has scheduled its Annual General Meeting for 2021 to be held on May 19, 2022. The Annual General Meeting will be held at 2030hrs at Boaganvilla  Conference Room of Kurumba Maldives. Shareholders have also be...

MTCC generates a profit of MVR 232 million last year
Business

MTCC generates a profit of MVR 232 million last year

Maldives Transport and Contracting Company (MTCC) reported a net profit of MVR 232 million last year. According to the annual report published by the company yesterday, the company generated an income of MVR 1.96 billion last year. This is an increase of 43...

Renovation works of Sh. Narudhoo Harbour awarded to MTCC
Business

Renovation works of Sh. Narudhoo Harbour awarded to MTCC

Maldives Transport and Contracting Company (MTCC) has been contracted to renovate the Harbour of Sh. Narudhoo. At a ceremony held at the Planning Ministry, the agreement was signed by Permanent Secretary of the Ministry Zeeniya Ahmed Hameed, and CEO of MTCC...

HDh. Hanimaadhoo Road Development Project nearing completion
Business

HDh. Hanimaadhoo Road Development Project nearing completion

Maldives Transport and Contracting Company (MTCC) has stated that 98% of Hanimaadhoo Road Development Project has been completed. MTCC also updated on ongoing works stating that they have completed installation of pumps, lights, painting of roads and instal...

85% of Ha. Ihavandhoo Harbour Development project completed: MTCC
Business

85% of Ha. Ihavandhoo Harbour Development project completed: MTCC

Maldives Transport and Contracting Company (MTCC) has stated that 85% of the Ihavandhoo Harbour Development project has been completed. MTCC also updated on ongoing works stating that breakwater variation works are underway, with 90% completion. Under th...

First shipment of Rock Boulders delivered to Lh. Hinnavaru: MTCC
Business

First shipment of Rock Boulders delivered to Lh. Hinnavaru: MTCC

Maldives Transport and Contracting Company (MTCC) has stated that the first shipment of rock boulders required for Lh. Hinnavaru Harbour Development Project has been delivered to the project site. MTCC also updated on ongoing works stating that 66 percent c...

Equipment required for Th. Gaadhiffushi Water project delivered to site
Business

Equipment required for Th. Gaadhiffushi Water project delivered to site

Maldives Transport and Contracting Company (MTCC) stated that the equipment required to establish the Water System under Th. Gaadhiffushi Water and Sewerage project has been delivered to the project site. MTCC also updated on ongoing works stating that 95 p...

M. Muli Airport Development project progressing at a fast pace
Business

M. Muli Airport Development project progressing at a fast pace

Maldives Transport and Contracting Company (MTCC) has stated that M. Muli Airport Development project progressing at a fast pace. MTCC also updated on ongoing works stating that construction of bund wall work has commenced in order to prepare for reclamatio...

MTCC to distribute MVR 3.50 as dividend
Business

MTCC to distribute MVR 3.50 as dividend

Maldives Transport and Contracting Company (MTCC) has decided to distribute MVR 3.50 as dividends. in their Annual General Meeting. The company passed the figure at a board meeting held on last Thursday. A total of MVR 28 million has been decided to distrib...

63% of Ha. Baarah Channel and Maintenance Dredging project completed: MTCC
Business

63% of Ha. Baarah Channel and Maintenance Dredging project completed: MTCC

Maldives Transport and Contracting Company (MTCC) has stated that 63% of Ha. Baarah Channel and Maintenance Dredging project has been completed. Under the project, 28101 cubic meter channel dredging and installation of navigational lights will be undertaken...

62% of Sh. Foakaidhoo Harbour Development project completed: MTCC
Business

62% of Sh. Foakaidhoo Harbour Development project completed: MTCC

Maldives Transport and Contracting Company (MTCC) has stated that 62% of Sh. Foakaidhoo Harbour Development project has been completed. MTCC also updated on the ongoing work stating that the fourth shipment of precast concrete blocks required for the quay w...

First shipment of rock boulders delivered to N. Velidhoo
Business

First shipment of rock boulders delivered to N. Velidhoo

Maldives Transport and Contracting Company (MTCC) has stated that first shipment of rock boulders required for N. Velidhoo Boat Beaching Area project has been delivered to project site. Under the project land reclamation, revetments, and breakwater construc...

F. Dharanboodhoo Harbor Development Project completed
Business

F. Dharanboodhoo Harbor Development Project completed

Maldives Transport and Contracting Company (MTCC) has stated that F. Dharanboodhoo Harbour Development project has been completed. Under the project to develop Dharanboodhoo Harbour, MTCC dredged 46600 cubic meter harbour basin, constructed a 253 meter quay...