The Oberoi Group has signed a Memorandum of
Understanding with the Government of Maldives and Subramanya
Construction & Development Company Limited (SCDCL), to build a
luxury resort in Maldives.
The investment for acquisition and
development of the resort will be undertaken by SCDCL, a
Bangalore-based real estate development company.
Mr K.N.
Balasubramanyam, Chairman and MD, SCDCL said, "A luxury resort in
Maldives requires expertise in design and operations of
world-class standards. The Oberoi Group, which is rated as the
best luxury hotel brand in the world, is well suited for this
development. We look forward to working with The Oberoi Group to
create more of such luxurious offerings globally and would like to
say that this extraordinary project will make a major contribution
to our long-term partnership."
Mr. P.R.S. Oberoi, Executive Chairman, The
Oberoi Group said, "We are extremely pleased to partner and assist
SCDCL in the design and management of the proposed luxury resort. The resort will reflect the
legendary Oberoi service delivered by an attentive and caring
team, making it the preferred choice for luxury travellers. We
look forward to bringing the Oberoi hospitality to Maldives."
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