MIFCO opens opportunity for private parties to bring modern changes to two fish shops!

Maldives Industrial Fisheries Company Limited (MIFCO) has decided to offer private parties the opportunity to bring innovative changes and operate two of its shops in the Male' region in partnership with the company.

MIFCO stated that this is a partnership formed with experienced and capable businessmen or entrepreneurs in the food and retail industry to transform MIFCO Shop-1 in Maafannu and Shop-4 in Hulhumale' Phase-2 into modern retail outlets. The purpose of this partnership is to transform these shops into innovative retail outlets showcasing high-quality products and to provide special services in line with market demands, according to MIFCO.

Activities to be carried out in partnership with MIFCO under the partnership: • Bringing changes to the outlets by formulating customer-friendly modern designs. • Introducing high-quality, new products and services that cater to MIFCO. • Efficient management and working closely with customers. • Collaborating with MIFCO in marketing and promotion, branding, and marketing campaigns.

MIFCO opened the opportunity yesterday for interested parties to express their interest in working with MIFCO under the partnership. The deadline for expressing interest is 13:00 on January 31 of next year. MIFCO said that parties will be selected for this partnership based on 4 main criteria.

Eligibility criteria: • Must have experience in the food or retail industry. • Must have a strong track record of operating such businesses. • Must have the financial capability to undertake remodeling and operational responsibilities. • Must have the capability to provide new products or services that appeal to local and visitor markets.

MIFCO stated that from among the parties expressing interest, shortlisted parties will be given the opportunity to submit detailed proposals. Furthermore, detailed information regarding space specifications will also be shared with the shortlisted parties, according to MIFCO.

MIFCO said that further information regarding this will be provided by calling 3323932.