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Maldives Transport and Contracting Company (MTCC) has stated it has conducted 22 projects in the first quarter of the year.
Out of the 22 projects, 12 projects were concluded successfully within the same quarter, according to MTCC. Meanwhile, the state-owned company embarked on 32 new projects within the period and was contracted another 6 projects.
Speaking to PSM News, CEO Hassan Shah said the cost of the projects awarded in the first quarter amounts to USD 26 million. He added efforts are underway to launch more projects this year.