Greater Male’ Industrial Zone Ltd. (GMIZL) came into existence on 21 March 2018 as the result of the merging of the two state owned enterprises Thilafushi Corporation Ltd and Gulhifalhu Industrial Limited.
Hence the mandate of this company is made up of the combined responsibilities of these two companies.
Thilafushi Corporation Limited (TCL) is a 100% state-owned enterprise which came into existence in 2009, taking over the mandate of the Waste Management Section of Male’ Municipality. The mandate of TCL is to manage the island of Thilafushi. Even though waste management is not the mandate of TCL, people still connect TCL with waste management. The infrastructure of Thilafushi has not been developed very well so far. Serious efforts are now being made to address this issue.
Gulhifalhu is located just 6 kilometers from Male’, located between Thilafushi and Vilingili. Gulhifalhu Investment Limited was corporatized on April 2010, with the objective of reclaiming and developing the island as an industrial hub to cater to the needs of the industries in Greater Male’ Region. The objective was to offer economic benefit in terms of industry specialization and reduction of land rent compared to other locations of the region. As Gulhifalhu lies near the capital of Maldives and international airport, it has been earmarked as one of the strategic locations for industrial investment. New cluster of developing labour city, commercial and real estate development is targeted at eliminating the congestion and land scarcity issues in Greater Male’ Region.