State Trading Organization (STO) will begin work this year, on the food factory to be developed in Kulhudhuffushi City, which will be packing flour and rice.
A meeting was held on Tuesday regarding this project between the city council of Kulhudhuffushi, Maldives Ports Limited’s (MPL) CEO Shahid Ali, STO’s Managing Director Hussain Amru Mohamed Rashaad, MP for North Kulhudhuffushi Yasir Abdul Latheef and MP for South Kulhdhuffushi Jamsheed Mohamed.
Speaking with Sun after the meeting, the Mayor of Kulhudhuffushi Mohamed Athif said that in the meeting it was decided to allocate the land needed by STO for the factory and that the plot will be handed over soon.
“We are trying to begin physical work within this year. In the next few days, the agreements will be drawn ip and the land will be handed over to STO. As soon as the land is handed over, STO is set to begin work.”
The land plot for the factory was allocated from the island's port area.
The mayor expressed his belief that the factory will give an ‘economic jump’ to Kulhudhuffushi.
He further stated that it would create more jobs in the city, and would grant opportunities for those looking to join the workforce.
In addition to this, the mayor noted that STO’s decision to develop the factory in Kulhudhuffushi was an added hope to the work they were doing to make the island an economic hub.
Moreover, he expressed his gratitude to STO’s MD Amru for this.