SOE Gateway

Housing Development Corporation Limited

HDC
Real Estate & Urban Development
Reg No: C-793/2008

About

Housing Development Corporation Limited (HDC) is a 100% state owned enterprise formed by a presidential decree, initially established in 2001. HDC acts as the master developer of Hulhumale', a planned city situated in the capital region. HDC is currently working towards creating Hulhumale' to become the first smart and sustainable city in Maldives and is involved in undertaking projects of hospitality, industrial, recreational, commercial and residential in nature, many of which are unique and of a scale unseen in the country.

Mission

To be a pioneer in establishing higher standards of living through intelligent, innovative and sustainable developments in the Maldives.

Vision

A leader in redefining quality living.

Share Details

Type Entity Name Percent
Government The Government of the Maldives 100.00%

Board Members

Non-Executive
Ahmed Shaheer

Chairman

GoM

Executive
Brg Gn (Rtd) Ali Zuhair

Managing Director

GoM

Non-Executive
Mohamed Visham

Director

GoM

Non-Executive
Ula Mohamed Rasheed Ibrahim

Director

GoM

Non-Executive
Ibrahim Yoosuf fulhu

Director

GoM

Non-Executive
Azhar Abdulla Saeed

Director

GoM

Non-Executive
Fathimath Mizna Ali

Director

GoM

Non-Executive
Mohamed Naajil

Director

GoM

Non-Executive
Yoosuf Waheed

Director

GoM

Non-Executive
Ibrahim Thoaam Mohamed

Director

GoM

Non-Executive
Arif Abdul Samad

Director

GoM