President forms new tourism promotion company
Former Auditor General Niyaz Ibrahim has suggested that the government is planning to “bury” the scandal-ridden Maldives Marketing and Public Relations Corporation and replace it with the new tourism promotion company.
12 Feb 2017, 9:00 AM
President Abdulla Yameen has formed a new 100 percent state-owned company to advertise and promote the Maldives globally as a premier tourist destination.
The ‘Maldives Tourism Development Board Ltd’ was formed by an executive decree published in the government gazette on Thursday. The company will also monitor developments in the tourism industry and conduct market research to improve the Maldives’ brand, according to the decree.
Tourism promotional activities are presently carried out by the state-owned Maldives Marketing and Public Relations Corporation, which was formed by the administration of former President Mohamed Nasheed to replace a tourism promotion board that functioned under the tourism ministry.
The MMPRC was at the centre of a historic corruption scandal involving the theft of nearly US$80 million from state coffers since the current administration came to power in November 2013.
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