The state-owned Maldives Transport and Contracting Company (MTCC) has said that the number of projects awarded to the company has increased fourfold in the first quarter of 2014 compared to the same period last year.
MTCC revealed in its first quarterly report for 2014 made public yesterday that 18 projects have been awarded to the company this year while only four were awarded in the first quarter of 2013.
While the company completed several harbour and construction projects this year, MTCC noted that difficulties in importing construction material from India had stalled progress.
Among the projects completed by the MTCC during the first quarter included a harbour construction project in Faafu Bilehdhoo, deepening of a channel in Haa Alifu Kelaa, harbour construction in Laamu Kunahandhoo, and development of the Thaa Thimarafushi Domestic Airport.
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