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The Oberoi Group Announces Luxury Resort in Maldives

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 Honourable 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. (L-R) Mr. Moosa Zameer, Hon. Minister of Tourism Government of Maldives; Mr. P.R.S. Oberoi Executive Chairman, The Oberoi Group; and Mr K.N. Balasubramanyam (L-R) Mr. Moosa Zameer, Hon. Minister of Tourism Government of Maldives; Mr. P.R.S. Oberoi Executive Chairman, The Oberoi Group; and Mr K.N. Balasubramanyam 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."