The story of Urbanco began with the inception of Hulhumalé – a city that rose in the late 1990s from a vacant lagoon 8km off the Northeast coast of the Capital City Malé, that went on to become a beacon of hope for the people of Maldives. What merely began from a small unit under the Ministry of National Planning, Housing and Infrastructure, is now the leading urban developer of the Maldives. From a developer of housing, Urbanco has diversified to become the leading urban development partner of the government adding Hulhumalé, Gulhifalhu, Thilafushi, Kudagiri, Urban Isle and Greater Malé Region to its portfolio. Driven by the best teams in urban development, Urbanco is here to create a better future, a world of better tomorrows for generations to come.

As the leading urban development corporation in Maldives, our vision is to become a pioneer in establishing higher standards of living through intelligent, innovative and sustainable development in Maldives. Urbanco provides a range of services – urban planning, greening, municipal, facilities management, real estate, industrial development, hospitality and telecommunication, without losing sight of the fundamentals of smart and sustainability in the development of the four islands.