The President established this company to sustainably advance the Maldives' tourism industry on behalf of the Maldivian government, to establish a mechanism ensuring that the economic benefits generated from the industry are distributed equally among all Maldivian citizens without discrimination, and to build an investment portfolio that increases the value of state-controlled lagoons, uninhabited islands, and natural resources to deliver the most desirable long-term benefits to the state and future generations.
President Dr. Mohamed Muizzu has established a state-owned enterprise named "Dhivehinge Resort Hissa Corporation" (DRHC).
The President established this company to sustainably advance the Maldives' tourism industry on behalf of the Maldivian government, to establish a mechanism ensuring that the economic benefits generated from the industry are distributed equally among all Maldivian citizens without discrimination, and to build an investment portfolio that increases the value of state-controlled lagoons, uninhabited islands, and natural resources to deliver the most desirable long-term benefits to the state and future generations.
According to the government, this 100% state-owned enterprise was created to develop and operate international standard resorts and other tourism related facilities with a focus on environmental protection and renewable energy.
It also aims to create employment and technical training opportunities for Maldivians, boost foreign currency revenue for the national economy, and collaborate with local and foreign investors to foster a robust and competitive tourism business environment in the Maldives.
During the opening sitting of the first session of the 20th People's Majlis for 2026, while inaugurating the parliament session and delivering the 2026 Presidential Address, the President announced a system designed to allow individual citizens to directly benefit from the tourism industry.
In that regard, he stated that the government had decided to develop at least 10 resorts over the next three years through a state-owned company and deposit a major portion of the profits generated from these resorts in foreign currency equally into the bank account of every Maldivian citizen once a year, leaving no one behind.
He also stated that a law would be enacted declaring every Maldivian citizen a shareholder in all resorts developed under this project.
The government previously stated that each individual would receive at least $400.
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