Ibrahim Nazeem, who was recently removed as managing director of Road Development Corporation, has been appointed state minister at the Ministry of Sports as the government restructures state-owned enterprises.
Ibrahim Nazeem
Male’ — Ibrahim Nazeem, the former managing director of Road Development Corporation (RDC), has been appointed state minister at the Ministry of Sports.
Nazeem’s appointment comes as the government moves ahead with plans to restructure state-owned companies, reduce public expenditure and improve operational efficiency.
The government has decided to dissolve RDC and transfer its responsibilities to Maldives Transport and Contracting Company (MTCC). Fenaka Corporation is also set to be dissolved, with its operations transferred to State Electric Company Limited (STELCO).
In addition, the government has decided to make AgroNat a subsidiary of the Maldives Industrial Fisheries Company (MIFCO).
Nazeem previously served as state minister at the Ministry of Housing during former President Abdulla Yameen’s administration.
Before that, he held several positions at the Ministry of Sports during the administration of former President Maumoon Abdul Gayoom.