MIFCO Opens Fish Processing Facility in Fuvahmulah

The Maldives Industrial Fisheries Company (MIFCO) has opened its newly established fish processing facility in Fuvahmulah City.

The facility was inaugurated yesterday at a ceremony held at the Fuvahmulah harbor area by the State Minister of the Fisheries Ministry, Mohamed Muthalib. The ceremony was attended by MIFCO's CEO Brigadier General (Rtd) Farhath Shaheer and the company's Strategic Consultant Athif Shakoor. Also in attendance were Fuvahmulah South Constituency MP Ibrahim Hussain, Fuvahmulah City Mayor Ismail Rafeeq, city council members, and local fishermen.

The Maldives Food and Drug Authority (MFDA) has granted permission for the facility, which is established to provide services adhering to the highest health and safety standards. MIFCO stated that with the operationalization of this facility, the people of Fuvahmulah will have the opportunity to safely package fish into reliable products, paving the way to secure desirable profits from fishing.

Since last August, MIFCO has been purchasing fish directly from the Fuvahmulah City harbor.

With the aim of making the fishing industry and the work of fishermen profitable and sustainable, MIFCO is actively expanding its operations. While fish purchasing from Fuvahmulah City began last August, preparations are also underway to export fish directly from Addu City. MIFCO has previously stated that the initial stages to begin value-added fish processing in Addu City are progressing and are expected to commence within this year.

Furthermore, under the ongoing efforts to improve the condition of MIFCO centers and increase processing capacity, work is being done to enhance the fish purchasing operations at the Kooddoo Fisheries Complex and upgrade its local production factory. Additionally, work is underway to open and operationalize the fish purchasing center currently being established in GDh. Thinadhoo by late 2026.