Urbanco announces USD 259 million dredging project

2 min read
In a significant development, Urbanco has unveiled plans for a substantial USD 259 million (MVR 4 billion) project aimed at reclaiming land for allocation in Hulhumale’, establishing a cruise terminal,...

MACL announces annual bonus totalling MVR 25,000!

1 min read
Employee motivation and satisfaction play a crucial role in the success of any organization. One effective way to enhance these aspects is through the provision of performance-based bonuses. These monetary...

Urbanco - going beyond Hulhumale'

1 min read
On 4th April 2023, Urbanco, previously known as Housing Development Corporation (HDC) signed an agreement with Thoddoo Island in North Alifu Atoll in order to turn Thoddoo into a smart...

Urbanco - the new identity of HDC

1 min read
On April 1st, 2023, in an event to celebrate its 22-year anniversary, the Housing Development Corporation (HDC) rebranded the company to Urbanco.