Housing Development Corporation (HDC) has revealed plans to make land in Thilafushi available for purchase, exclusively for Maldivian nationals. This initiative aims to stimulate economic activity and offer permanent business opportunities to locals.
The sale of land in Thilafushi will cater to industrial and commercial needs, fostering a conducive environment for business growth within the city area. HDC prioritizes sustainable development for small and medium enterprises (SMEs) by offering land at affordable prices, ensuring equitable access to opportunities.
Moreover, HDC intends to lease additional land in Thilafushi based on utilization, further enhancing prospects for local entrepreneurs. This initiative underscores HDC's commitment to empowering residents of Male' with increased business avenues and economic prospects.