Engineering, Procurement & Construction Company Seeking Loan in Malé, Maldives

- Company started as a sole proprietorship in 2016 and we converted it into a private limited entity in this year.

- Specialize in constructing coastal protection structures such as harbor construction, shore protection, breakwater, revetment and beach fill.

- We execute projects only for private resorts and have finished 3 coastal projection projects in Maldives till date.

- Typical length of the project ranges from 8 months to 1.5 years.

- Have 8 permanent employees and additional 7 employees on a contract basis.

- Company also provides its machinery on rent which contributes 10% to the total revenue.

- Our run rate sales have dropped due to COVID-19 as we were unable to bag large projects. At present, we are working on 1 small project.

- Founder of the company has 7 years of experience in this industry.

Dredging, harbor construction, shore protection, breakwater, revetment, beach fill, land reclamation, boulders unloading, machinery rental.

Company owns heavy machineries which include 3 excavators, 2 dump trucks and 1 landing craft.

- Rented office of 224 sq ft.

- We haven't rented any facility to park our machineries. We park it in an open area.