Corporate Structure

Share Holdings

Transparent ownership structure of Maldives Industrial Development Free Zone Plc.

Company Overview

Key information about Maldives Industrial Development Free Zone Plc.

Incorporation Date

4 January 2024

Country

Republic of Maldives

Authorized Capital

USD 100 million

MVR 1,542,000,000

Issued Capital

USD 60 million

MVR 925,200,000

Current Shareholding Structure

Ownership distribution among State Owned Enterprises

Ownership Distribution

60%
Allocated
40%
Unallocated
State Trading Organization Plc...12%
Maldives Airports Company Limi...12%
Maldives Transport and Contrac...12%
Housing Development Corporatio...12%
Maldives Ports Limited12%
Unallocated40%

State Owned Enterprise Shareholders

State Trading Organization Plc. logo

State Trading Organization Plc.

12%shareholding
Visit Website
Maldives Airports Company Limited logo

Maldives Airports Company Limited

12%shareholding
Visit Website
Maldives Transport and Contracting Company Plc. logo

Maldives Transport and Contracting Company Plc.

12%shareholding
Visit Website
Housing Development Corporation Limited logo

Housing Development Corporation Limited

12%shareholding
Visit Website
Maldives Ports Limited logo

Maldives Ports Limited

12%shareholding
Visit Website

Unallocated Shares

40% of shares remain unallocated

These shares are available for future strategic partnerships and investment opportunities.

Strategic Purposes

Our mission to establish a world-class Special Economic Zone

Economic Security

Secure the economic security of vital commodities including basic foods, fruits, vegetables, construction materials, medicines, and clothing.

Bulk Import & Processing

Establish facilities for large-scale importation of raw materials and goods, followed by processing and value addition before re-exporting.

Investment Attraction

Draw necessary investments for the Special Economic Zone (SEZ) to thrive and develop through strategic partnerships.

Infrastructure Development

Identify suitable regions for free zone activities and undertake land reclamation where necessary.

Business Opportunity

Special Economic Zone Development

To establish an Economic Free Zone under Act No: 24/2014 (Special Economic Zone Act) of the Republic of Maldives, creating opportunities for international trade, manufacturing, and economic development.

View SEZ Act

Investor Relations

For more information about shareholding opportunities and corporate structure