Subramanya Construction & Development Company Limited (SCDCL) and The Oberoi Group have signed a Memorandum of Understanding (MOU) with the Government of Maldives to build a luxury resort in Maldives. The Memorandum of Understanding was signed in the presence of Mr. Moosa Zameer, the Honorable Minister of Tourism, Government of Maldives.
The investment for acquisition and development of the resort will be undertaken by SCDCL, a Bangalore-based real estate development company.
Commenting on the partnership, Mr. K.N. Balasubramanyam, Chairman and MD, SCDCL said: “A luxury resort in Maldives requires expertise in design and operations of world-class standards. The Oberoi Group, which is rated as the best luxury hotel brand in the world, is well suited for this development. We look forward to working with The Oberoi Group to create more of such luxurious offerings globally and would like to say that this extraordinary project will make a major contribution to our long-term partnership.”
Mr. P.R.S. Oberoi, Executive Chairman, The Oberoi Group said: “We are extremely pleased to partner and assist SCDCL in the design and management of the proposed luxury resort. We look forward to bringing the Oberoi hospitality to Maldives.”
He further added, “The resort will reflect the legendary Oberoi service delivered by an attentive and caring team, making it the preferred choice for luxury travelers.”
The Honorable Minister of Tourism, Government of Maldives, Mr. Moosa Zameer stated after signing the MOU, “With growing demand of luxury hospitality services in Maldives, it is imperative to bring in the best in the industry and our partnership with The Oberoi Group will be a testament to this.”