ministry of economic development

Ministry of Economic Development

Contracts awarded

Total awarded, MVR

91,463,853

Total awarded, USD

6,001,028

Direct Selection share

13.3%

of awarded value, MVR-equivalent†

MVR-equivalent†, by award date.

38.2 m

67.0 m

54.3 m

24.5 m

2019202120232025

Share of value (MVR-equivalent†), as published.

International Competitive Bidding (ICB) MVR 54.3 m · 1

Direct Selection MVR 24.5 m · 1

Companies this agency has awarded contracts to, by value.

Crimson Logic Pte Ltd MVR 54.3 m

5 contracts, newest first.

Date	Procurement No	Project	Approach	Awarded Amount	Source
⚑ 2025-08-10	NT/2025/SSP- 181	National Cultural Center Building at B.Thulhaadhoo Maldives Transport and Contracting Company Plc (MTCC)	Direct Selection	MVR 24,463,853.40	PDF · listing
⚑ 2023-07-10	TES/2021/G-002	Supply, Install, Configure, Develop and Maintain NSW Software and Hardware (Turnkey NSW System) Crimson Logic Pte Ltd	International Competitive Bidding (ICB)	USD 3,524,009.44	listing
⚑ 2021-04-21	NT/2021/SSP- 035	Establishment of One Stop Shop Services Tradenet Maldives Corporation Limited	—	MVR 67,000,000.00	PDF · listing
⚑ 2019-10-20	TES/2019/C-013	TES/2019/C-013 Consultancy for Developing International Port Facilities in the North and South of Maldives Maritime and Transport business Solution Bv in (Netherlands) JV with Niras (Denmark) and Riyan Pvt.Ltd (Sub-Consultant-Maldives)	—	USD 860,626.00	listing
⚑ 2019-08-01	TES/2019/C-002	TES/2019/C-002 Consultancy for K.Gulhifalhu International Port Development NIRAS A/S IN JV WITH MARITIME AND TRANSPORT BUSINESS SOLUTIONS, WITH SUBCONSULTANTS -WATER SOLUTIONS,CLARIAN MALDIVES AND BEACHROCK VENTURES	—	USD 1,616,393.00	listing

† USD at 15.42 MVR/USD, for aggregation only.