19 State-owned Enterprises assigned for liquidation
PUBLISHED December 03, 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.
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