Housing Development Corporation Limited

Real Estate & Urban Development

Registration 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.

Vision: A leader in redefining quality living.

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

Vacant

Non-Executive

Chairman

GoM

Vacant

Executive

Chief Operating Officer

GoM

Executive

Ibrahim Fazul Rasheed

Managing Director

GoM

Vacant

Executive

Director

GoM

Vacant

Non-Executive

Director

GoM

Vacant

Non-Executive

Director

GoM

Vacant

Non-Executive

Director

GoM

Vacant

Non-Executive

Director

GoM

Vacant

Non-Executive

Director

GoM

Vacant

Non-Executive

Director

GoM

Vacant

Non-Executive

Director

GoM

Non Executive

Arif Abdul Samad

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

Mohamed Waheed

Director

Non Executive

Fathimath Mizna

Director

GoM

Non Executive

Mohamed Naajil

Director

GoM

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Name Type Designation Effective Date Resigned/removed date
Type Name %
Government The Government of the Maldives 100.00%