Engineering, Procurement & Construction Businesses Seeking Loan in Male

Based in the picturesque Maldives, the company operates as a building contractor specializing in hotel, resort, and spa development. - A compact team of 9 employees, supplemented with subcontractors, efficiently manages and executes projects. - Has successfully completed 12 diverse projects encompassing both commercial and residential developments, showcasing a strong project execution track record. - Currently engaged in two ongoing commercial projects, focusing on the strategic development of a hotel and a resort with spa facilities, need funds for completion. - Operates on a contract basis, allowing for flexible labor cost management tied directly to project completion. Revenue is also generated through sale/rental of owned properties. - There has been a slight drop in sales this year as compared to last year due to political issues. - The company plays a crucial role in contributing to the nation’s development through its building contracting services. - Positioned in a growing industry, leveraging the Maldives' booming tourism and hospitality sector.

A construction works business simplifies the startup process, offering services such as establishing in Maldives (including island leasing), reclamations, and dredging if necessary, lagoon sheet piling, and all civil and coastal works. - Additionally, we offer maintenance services tailored to your needs, including emergency services. - No other certificates or approvals are necessary apart from tax and business registration. - Successfully completed over 50 projects. - Specializing in constructing sewage and pipeline systems for government clients. - Currently serving 6+ clients.

A construction works business simplifies the startup process, offering services such as establishing in Maldives (including island leasing), reclamations, and dredging if necessary, lagoon sheet piling, and all civil and coastal works. - Additionally, we offer maintenance services tailored to your needs, including emergency services. - No other certificates or approvals are necessary apart from tax and business registration. - Successfully completed over 50 projects. - Specializing in constructing sewage and pipeline systems for government clients. - Currently serving 6+ clients.

Prominent construction company in the Maldives. - Have successfully completed the construction of more than 20 fuel tanks and 10 buildings across the stunning landscape of the Maldives. - Our dedicated team continues to spearhead various ongoing projects, each contributing to the growth and development of this beautiful nation. - We sometimes hire additional labor as well. - We construct for both private businesses and government agencies. Private businesses pay us on time while government agencies take more than 90 days. - Due to the unfavourable political climate in the Maldives our payments have been delayed by a lot of time. This has led to a drop in our sales this year.

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.