Maldives Transport and Contracting Company (MTCC)’s Chief Operating Officer (CEO) Adam Azim has said MTCC is capable enough to operate real-estate projects.
Speaking on a programme aired by PSM News, Chief Operating Officer (CEO) Adam Azim said MTCC works in the transport and construction industry, with major projects in the Maldives conducted by the company. He said the company has the resources and the employees to flourish in the field of real-estate.
Noting there are a lot of housing projects to be done in the country, Azim said more than 25,000 housing units are already needed to address the housing issues. Therefore, he expressed confidence that a company with resources and employees such as MTCC can bring a change to the housing industry and having a local company handle such projects will benefit the economy of the country as well.
Azim suggested that the country should take the advantage of a company with such resources as MTCC. He said expanding the businesses of MTCC and constructing bridges, causeways, and housing units will benefit the country. He noted that MTCC already has 24,000 shareholders and expanding the business model will greatly benefit the shareholders
MTCC has generated record profits over the past couple of years while undertaking multiple developmental projects across the country.