MONAZA Group is proud to have been pioneers in the Maldives in many fields of construction, shipping and trading, having achieved remarkable growth over the last four decades and contributing significantly to the development of the Maldives. Indeed it is our pride that these achievements have now formed parts of the country’s overall development story.
Today, MONAZA group has gained prominence in construction through the development of its own high-end resort properties. The group strongly believes in competence, competitiveness and timely delivery with highest quality standards.
MONAZA group will remain committed to the tradition of excellence and reliability in the work, keeping abreast of techniques and all challenges before us. Because that’s what we do.
Monaza Contracting Company Private Litmited was founded in the Maldives in 1978 by Mr. Mohamed Naeem, as a small construction compa- ny called Monaza Constructions, with a two story class room block-turnkey contract at Majeedhiya School. It was a break through at that time as there was only one private construction company in existence in Male’. Major construction projects were undertaken by the government then, as there was no qualified construction company in the Maldives.
With the vision and skills of Mr. Naeem he secured financial assistance from State Bank of India, the only commercial bank at the time, and went on to complete several government projects.
In 1993 due to the limitations presented to a proprietorship, the company changed to a limited liability company in the name of Monaza Constructions Pvt Ltd. Since then, Monaza Construction Pvt ltd as grown into a major construction company with over 320 permanent staff in addition to the temporary staff. The company would once again change its name to suit its business ventures. In 2006 the company was again renamed Monaza Contracting Co Pvt Ltd.
The company completed numerous turnkey construction projects. To name a few, a four story – twin office complex for the Ministry of Finance and Treasury, a 100 bed Regional Hospital for the Health Ministry, four story Administrative office complex at Male’ International Airport for the Ministry of Defence and a Two Hundred Bed Tourist Resort Hotel were among the major projects won in competitive bidding.
To become a market leader in the Maldivian construction industry by providing excellence in building solutions.
Providing high quality output to meet customer needs.
Taking on the necessary responsibility from the inception of a project till completion.
With open two way communications to meet the customer requirements.
Improving on a continuous basis and being open to the latest technological developments in the industry.
Estimating realistic figures.
Providing dependable and accurate service.
We operate with a highly qualified, efficient and integrity driven team. Professionalmanagement, excellent workmanship and high ethical standards are all strengths of the team. They engage fully in identifying market opportunities, new products, services and new technologies to provide the best solutions to client needs. There is continuous focus on personnel development and trainings to ensure high standards in changing markets.
Fully equipped carpentry and workshop in Thilafushi is used for project preparations and for other smaller contracting projects.
5000 sq feet warehousing facility in Thilafushi stores our project supplies and finished projects from the carpentry.
MONAZA GROUP operates with a highly qualified, efficient and integrity driven team of professionals whose names are synonymous with the industry’s development. They engage fully in identifying market opportunities, new products, services and new technologies to provide the best solution to clients’ needs.
As a policy, there is continuous focus by the group on personnel development, skill-grading and training to ensure high standards in the changing markets.
The headquarters of Monaza is in the prime location of the capital city, Male’ handling its main contracting work, administration work of Monaza Wood Works and Monaza Shipping & Trading. The full style address of the company is given below:-
Monaza Contracting Company Pvt. Ltd.,
MONAZA BUILDING
Dhanbugoalhi,
20-02 Male’, Rep. of Maldives
Monaza Carpentry was founded in 1978, as a sole proprietor and was later transformed and incorporated into the group company in 1993. Since then Monaza Carpentry became a specialized wing of MONAZA holding company to cater their project needs that includes the resort construction and government infrastructure projects.
Monaza Carpentry, through years of experience, has now transformed into a standalone unit called Monaza Woodworks - a specialized total solution provider in all wood works. Monaza Woodworks is now proud to have the capacity and capability to undertaking any challenging timber/ wood related contract work anywhere or any level in the country.
The main carpentry is equipped with machinery and skilled manpower that can cater to multiple other projects at the same time, while it’s individual sub-contract groups can carry their own carpentry arrangement, with all skilled manpower, to the project site, so as to achieve real acceleration and speed in the work.
Monaza Woodworks is specialized in the following areas of timer related work.
Shipping & Chartering
Monaza Group has been known for operating its own cargo vessels between the sector India and the Maldives. The senior management of Monaza group has long experience in operating and chartering vessels for their own project needs and for the country’s thriving business industry. MONAZA is known for being on the forefront of ship owning and chartering during the initial development stages of the country. It owned / chartered and operated ships between the sector of Sri Lanka, India, Indonesia and United Arab Emirates. Own fleet included MV. Monaka, MV. Monaka Faith, MV. Al Kareem, MV. Falcon, and MV. Falcon-1.
Ship Agency & Stevedoring
MONAZA has been operating in-house shipping and Stevedoring systems from the very inception of the shipping business. It has a workforce whose names are synonymous with large and complex undertakings in ship and cargo handling. The company has presence in all international ports in the country, including the mian hub of Male’ port, Addu Port and Kulhudhufushi Port. We work round the clock to ensure that the vessels under our agency is handled seamlessly with no hiccups.
Apart from Maritime related services, Monaza Group has got a specialized trade wing, namely Monaza Shipping & Trading that handles volume and weight cargoes such as project supplies for the construction industry and for general trading. We source materials from high grade manufacturers and supply/ deliver through it’s own logistics warehousing arrangement in Thilafushi. We undertake total supply and delivery from the overseas loading port to the project site anywhere in the Maldives. We supply the following project materials on regular basis.
Project Supplies.