PROJECT

Projects

Summary of Investment Information

Project Number

43786

Company Name

DHIVEHI RAAJJEYGE GULHUN PUBLIC LIMITED

Date SPI Disclosed

Sep 1, 2022

Country

Maldives

Region

South Asia

Projected Board Date

Feb 10, 2022

Environmental Category

B - Limited

Status

Active

Last Updated Date

Oct 13, 2022

Department

Regional Industry - INF Asia & Pac

Industry

Telecommunications and Technology

Previous Events

Approved : Feb 17, 2022
Signed : Jun 30, 2022
Invested : Oct 11, 2022

Sector

Mobile Telephony

Project Description

 Dhivehi Raajjeyge Gulhun Private Limited (“Dhiraagu” or the “Company”) is a leading provider of mobile, broadband internet, international connectivity and telephony services in the Maldives. The Project aims to support the Company’s capex plan for the next 2-3 years including its participation in the SEA-ME-WE-6 (SMW-6) international submarine cable consortium.

 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation