New SOE established for resort share initiative

42 minutes ago

The government has established the Dhiveheenge Resort Hihsaa Corporation (DRHC), a state-owned company created to ensure that the economic benefits of the Maldives' tourism industry are shared more broadly among citizens. President Dr Mohamed Muizzu established the company under Presidential Decree No. 19/2026. According to the President's Office, DRHC was formed to support the sustainable development of the tourism sector while