Sunday, September 28, 2008

MIFCO’s role in the development of the fishing industry to be expanded - Dr. Fathin Hameed

MALE, Maldives The Deputy Minister of Fisheries and Agriculture, Dr. Fathin Hameed said in an interview today that the DRP government will, in the next 5 years, expand the role of the state-run Maldives Industrial Fisheries Company Limited (MIFCO) in the fishing industry, and ensure that fishers benefit from the business.

She further stated that the DRP will provide more avenues of development to fishermen and private investments in the fishing industry. Dr. Hameed also gave assurances that under the DRP’s administration, the Government will end the monopoly of the fishing industry by certain few individuals and ensure that Maldivian fishers receive due compensation for their work.

The DRP Presidential manifesto includes a complete chapter on the development of fisheries in the country. The chapter contains promises to establish an international hub in the Maldives, that will buy, chill, store and process the fish catch from local and froreign seas.

In addition, the manifesto also states that a DRP government will register “Maldive Fish” as a trademark, incorporate the brand into Maldivian culture and establish a franchise chain in cooperation with fishing communities to reliably provide fish products under this brand name.

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