The Maldives Transport and Contracting Company (MTCC) has announced plans to start shipbuilding services. MTCC’s CEO and Managing Director, Abdulla Ziyad, made the announcement during the company’s Annual General Meeting (AGM) held on Wednesday.
Responding to shareholders’ questions at the AGM, Ziyad stated that the company is working to provide shipbuilding services. He expressed optimism that the service would be operational by the company’s next AGM.
Ziyad said the previous management of MTCC had aimed to expand the company’s activities, and the new management is continuing to work towards these goals.
MTCC already operates a boatyard on the industrial island of Thilafushi, which provides the largest docking service in the Maldives. The facility can simultaneously dock 20 vessels of different sizes, and offers marine mechanical works, underwater welding, and various docking and handling services.
