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Last edited by BoraVoro (talk | contribs) 5 months ago. (Update) |
 | This article needs additional citations for verification. (January 2024) |
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| Formerly | Hulhumalé Development Corporation (2001–2009), Urbanco (April 2023 – January 2024) |
|---|---|
| Company type | Company |
| Industry | Housing |
| Founded | Hulhumalé, Maldives (1995) |
| Headquarters | HDC Building Hulhumalé, Maldives |
Key people | Ibrahim Fazul Rasheed (Managing Director)[1] |
| Website | hdc.mv |
Housing Development Corporation (HDC) (temporarily Urbanco) is a state owned enterprise formed by a decree in the Maldives, initially established in 2001, which has operated in several islands in the Maldives including Hulhumalé, Gulhi Faru, Thilafushi, Kudagiri, Urban Isle and Ras Malé. The company are involved in the planning, development, and management of housing projects.[2]
In 2023, Housing Development Corporation was renamed into Urbanco,[3] The rebranding of HDC to Urbanco was announced at its 22-year anniversary event held on April 1, 2023. Subsequently, the logo displayed outside their offices, as well as on company t-shirts, were also replaced to reflect the name change. in 2024, Urbanco has decided to revert to calling themselves Housing Development Corporation, the decision had been made in consideration of the confusion the name change has caused among the public.[4]
References
edit- ^ "Board of Directors". Housing Development Corporation. Retrieved 19 January 2024.
- ^ "About — HDC". Housing Development Corporation. Retrieved 2024-01-17.
- ^ Rehan, Mohamed (2 April 2023). "Housing Development Corporation rebrands as "Urbanco"". The Edition. Retrieved 2024-01-17.
- ^ Mohamed, Mariyath (16 January 2024). "Urbanco to revert back to HDC". The Edition. Retrieved 2024-01-17.
External links
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