FOREIGN INVESTMENT PLATFORM FOR PREMIUM MALDIVIAN DEVELOPMENT
CMG MALDIVES Pvt Ltd is established in the Maldives as an approved foreign investment company active in the development and management of properties and touristic projects.
UMI Maldives is the company's current flagship project, with additional opportunities under review across hospitality, tourism, and real estate.
FOREIGN INVESTMENT PLATFORM FOR PREMIUM MALDIVIAN DEVELOPMENT
CMG MALDIVES Pvt Ltd is established in the Maldives as an approved foreign investment company active in the development and management of properties and touristic projects.
The company’s current flagship initiative is UMI Maldives with additional opportunities under review across hospitality, tourism, and real estate.
Core Expertise
Capabilities built on investment, delivery, and destination knowledge
CMG MALDIVES combines development vision, shareholder experience, and project structuring capacity
to support premium hospitality and real estate growth.
Tourism Development
Luxury resort and hospitality projects shaped for premium destination markets.
Property Development
Residential and mixed-use property initiatives aligned with tourism-led growth.
Infrastructure Experience
Background in airports land reclamation and coastal protection projects, island development, and enabling infrastructure.
Investment Management
Structuring, development management, and strategic partnership support.
Core Expertise
Capabilities built on investment, delivery, and destination knowledge
CMG MALDIVES combines development vision, shareholder experience, and project structuring capacity
to support premium hospitality and real estate growth.
Tourism Development
Luxury resort and hospitality projects shaped for premium destination markets.
Property Development
Residential and mixed-use property initiatives aligned with tourism-led growth.
Infrastructure Experience
Background in airport works, island development, and enabling infrastructure.
Investment Management
Structuring, development management, and strategic partnership support.
Development Legacy
Proven experience across major Maldivian developments
The shareholders and partners of CMG MALDIVES bring extensive experience in large-scale development, including island reclamation, airport construction, and the creation of more than 28 resorts across the Maldives.
Experienced Shareholders
Resorts
Airports /
Infrastructure References
Selected Project References
- Thimarafushi Airport – Phase 1 & 2
- Thimarafushi Island Residential Project
- Velana International Airport – Phase 1 & 2
- Gan International Airport
- Kudahuvadhoo Airport
- Feydhoofinolhu Island Resort Project (Villa Group)
- Ithaafushi Island Resort Project (Waldorf Astoria)
- Universal Group
- One&Only Resort
- Cheval Blanc Resort
Track Record
Proven experience across major Maldivian developments
The shareholders and partners of CMG MALDIVES bring extensive experience in large-scale development, including island reclamation, airport construction, and the creation of more than 28 resorts across the Maldives.
Experienced Shareholders
Airports /
Infrastructure References
Resorts
Selected Project References
- Thimarafushi Airport – Phase 1 & 2
- Thimarafushi Island Residential Project
- Velana International Airport – Phase 1 & 2
- Gan International Airport
- Kudahuvadhoo Airport
- Feydhoofinolhu Island Resort Project (Villa Group)
- Ithaafushi Island Resort Project (Waldorf Astoria)
- Universal Group
- One&Only Resort
- Cheval Blanc Resort
PROJECTS
Current development focus
UMI Maldives
WORLD-CLASS OCEANFRONT DESTINATION (under construction)
UMI Maldives represents the current flagship development of CMG MALDIVES, conceived as a high-quality tourism and real estate destination aligned with the Maldives’ position as a global leader in luxury hospitality.
The project reflects a strategic approach to value creation, combining prime location, refined design, and long-term investment vision.
Supported by extensive development experience, UMI Maldives is intended to deliver a distinctive destination with strong market positioning and sustainable growth potential.
Contracting Partners
NEMESI ARCHITECTS
NEMESI ARCHITECTS is an international architecture and urban design practice with offices in Rome, Milan, and Shenzhen, delivering complex, high-profile projects for public institutions and private clients worldwide.
Founded in 1997 by Michele Molè and joined by Susanna Tradati in 2004, the firm brings over three decades of experience across offices, residential developments, cultural landmarks, infrastructure, and large-scale masterplans. Nemesi is widely recognized for its ability to translate brand values, cultural identity, and strategic objectives into distinctive architectural solutions.
NEMESI work is distinguished by a strong focus on bioclimatic design, material research, and the relationship between architecture and landscape.
The practice is known for emblematic projects such as Palazzo Italia at Expo Milano 2015, a global symbol of Italian innovation and sustainability, and the Valentino Garavani Museum, conceived as an immersive architectural expression of heritage, craftsmanship, and contemporary luxury.
CSC MALDIVES Pvt Ltd
China State Construction Maldives Private Limited (est. 2015) is the Maldivian subsidiary of China State Construction Engineering Corporation (CSCEC), one of the world’s largest state-owned construction and investment groups with a total global revenue of $ 306 billions.
Major projects include the expansion of Velana Airport, Hululame Phase 2, as well as large-scale infrastructure and building projects and the development of resorts and office buildings.
PROJECTS
Current development focus
UMI Maldives
WORLD-CLASS OCEANFRONT DESTINATION
(under construction)
UMI Maldives represents the current flagship development of CMG MALDIVES, conceived as a high-quality tourism and real estate destination aligned with the Maldives’ position as a global leader in luxury hospitality.
The project reflects a strategic approach to value creation, combining prime location, refined design, and long-term investment vision.
Supported by extensive development experience, UMI Maldives is intended to deliver a distinctive destination with strong market positioning and sustainable growth potential.
Contracting Partners
NEMESI ARCHITECTS
NEMESI ARCHITECTS is an international architecture and urban design practice with offices in Rome, Milan, and Shenzhen, delivering complex, high-profile projects for public institutions and private clients worldwide.
Founded in 1997 by Michele Molè and joined by Susanna Tradati in 2004, the firm brings over three decades of experience across offices, residential developments, cultural landmarks, infrastructure, and large-scale masterplans. Nemesi is widely recognized for its ability to translate brand values, cultural identity, and strategic objectives into distinctive architectural solutions.
NEMESI work is distinguished by a strong focus on bioclimatic design, material research, and the relationship between architecture and landscape.
The practice is known for emblematic projects such as Palazzo Italia at Expo Milano 2015, a global symbol of Italian innovation and sustainability, and the Valentino Garavani Museum, conceived as an immersive architectural expression of heritage, craftsmanship, and contemporary luxury.
CSC MALDIVES Pvt Ltd
China State Construction Maldives Private Limited (est. 2015) is the Maldivian subsidiary of China State Construction Engineering Corporation (CSCEC), one of the world’s largest state-owned construction and investment groups with a total global revenue of $ 306 billions.
Major projects include the expansion of Velana Airport, Hululame Phase 2, as well as large-scale infrastructure and building projects and the development of resorts and office buildings.
Shareholders
Leadership and Ownership Structure
CMG MALDIVES is backed by shareholders with significant experience in investment,
tourism development, infrastructure, and project management.
Michael Ahmed
A prominent entrepreneur behind Tenssor Holdings and APEX Capital, he specializes in project development and construction, leading national island reclamation works, airport construction, and the development of over 28 resort projects across the Maldives.
Hassan Shazly
A co-owner of Tenssor Holdings and APEX Capital, he specializes in business management and finance, with strong expertise in strategic planning, financial analysis, and operational leadership across complex investment and development projects in the Maldives.
Charles M. Giacoma
From an entrepreneurial Italian family, he served as CEO of a leading export finance institution, leading major export finance operations and sovereign debt restructuring, with over 30 years of experience shaping development initiatives in the Maldives.
Shareholders
Leadership and Ownership Structure
CMG MALDIVES is backed by shareholders with significant experience in investment,
tourism development, infrastructure, and project management.
Michael Ahmed
A prominent entrepreneur behind Tenssor Holdings and APEX Capital, he specializes in project development and construction, leading national island reclamation works, airport construction, and the development of over 28 resort projects across the Maldives.
Hassan Shazly
A co-owner of Tenssor Holdings and APEX Capital, he specializes in business management and finance, with strong expertise in strategic planning, financial analysis, and operational leadership across complex investment and development projects in the Maldives.
Charles M. Giacoma
From an entrepreneurial Italian family, he served as CEO of a leading export finance institution, leading major export finance operations and sovereign debt restructuring, with over 30 years of experience shaping development initiatives in the Maldives.
CONTACT
Contact CMG MALDIVES
For partnerships, project information, and investment-related enquiries, please contact our office in Malé.
OFFICE DETAILS
CMG MALDIVES Pvt Ltd
7th Floor, H. Maaram
Ameer Ahmed Magu, Malé
Republic of Maldives
Phone: +960 330 0010
Email: info@cmg-maldives.com