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Sunday, June 26, 2005
Villa Foundation committed to set up Computer Labs
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Wednesday, May 25, 2005
Villa Foundation signs MOU (agreement) with Monash University Malaysia and International Islamic University Malaysia
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Tuesday, May 31, 2005
Villa Scholarships 2005, Finalized.
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Friday, May 20, 2005
Agreement with International Islamic University Malaysia
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Thursday, May 19, 2005
Agreement with Monash University

 

Transport & Shipping


Villa Group owns and operates a fleet of 28 high speed power boats and 60 powered Dhonies (mechanized wooden boats) to attend to the transportation needs requirements of all the guests of Villa Hotels. Also the service handles excursions and transportation of goods to the resorts.

Villa Group also owns 50% controlling stake in Trans Maldivian Airways (TMA). A seaplane company in the Maldives catering to the tourism industry.

VSTC has signed an Agreement with the Government of Maldives for the construction and operation of a domestic airport at Maamigili Island in South Ari Atoll to facilitate convenient transfer of tourists, particularly those arriving by night flights. The airport is expected to be complete by 2005.


Shipping Fleet



VSTC owns and operates two cargo ships, five oil tankers, and one LPG carrier. VSTC has been streamlining its shipping activities and has reduced its fleet size from 13 in 1993 to 8. VSTC plans to sell four more ships, including the LPG carrier, as they will become redundant after the storage infrastructure project is commissioned. The remaining ships will VSTC an edge in the distribution of traded goods.

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