MTDC: No island being sold at an undervalued price

1 day ago

The Maldives Tourism Development Corporation (MTDC) has dismissed reports alleging that the head lease of GDh. Maguddhuvaa is being sold at an undervalued price, describing the claims as entirely false. In a statement issued today, MTDC clarified that HDh. Naagoashi, GDh. Maguddhuvaa, and B. Kihavah-huravalhi are three islands currently leased to the corporation under agreements with the Government of Maldives for