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Early in 1997, STO
set its plans for international expansion in
motion by opening the STO Maldives (Singapore)
Private Limited in Singapore. 100% owned by the
STO, the company will look beyond the Maldivian
horizons, exploring the possibilities of
sourcing goods in one's country and exporting
them to another.
With the parent company's experience in
international trading, optimism is high that the
explorations will yield high success.
The STO Maldives in
Singapore will also perform the dual role of
acting as the co-ordinating office for foreign
investors interested in forming a partnership
with the STO for joint ventures in the Maldives.
The Maldives is in the throes of development -
sustainable growth has been continuous in the
past decade. Rapid steps forward have been made
in infrastructure, telecommunications and
transport. The people of the nation have been
experiencing the advantages and reaping the
benefits. Maldives
is posed on the threshold of the new millennium,
looking forward to it with vigor and enthusiasm.
Emboldened with successes of the past and
empowered by hope for the future, the Maldives
is optimistic in making further strides towards
socio-economic development of the country.
In a setting as dynamic as this, STO is looking
to build on its experience and strength to serve
the country better in the future. The company is
ready and geared to make optimum use of the
opportunities on offer - STO is the legal choice
and the ideal partner for any joint venture
activity into the country.
STO, which has taken the lead and kept pace, is
looking to play a vital and pivotal role in the
nation's development. |
