News

Rent reduced from land plots leased from Thilafushi and Gulhifalhu

Greater Male' Industrial Zone Limited (GMIZL) has decided to drop the rent of lands leased from Thilafushi and Gulhifalhu for the next 3 months.

GMIZL revealed it has decided to drop the rent of land plots leased by 30% for a period of 3 months. GMIZL said the decision was taken to release the burden on businesses and individuals due to the COVID-19 pandemic.

The state-owned company reduced the rent for April, May and June.