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Business fisheries / Business Shaviyani Atoll Impact 6.0/10 1 min read
Fisheries Ministry hands over ice plant development in two islands to MIFCO

Fisheries Ministry hands over ice plant development in two islands to MIFCO

The Ministry of Fisheries and Ocean Resources signed an agreement with MIFCO to establish ice plants and storage facilities in Meedhoo, Bandidhoo (Dhaalu Atoll), and Funadhoo (Shaviyani Atoll). The project is financed by the PSIP, valued at USD 1.6 million. Each ice plant costs USD 518,806, with an eight-month completion period. Each plant has 30-tonne capacity, storage 50 tonnes. This is part of a broader project for 11 islands. Five ice plants are funded by the Saudi Fund for Development, the rest by the government. The initiative aims to address ice challenges for fishing vessels.

The Ministry of Fisheries and Ocean Resources signed an agreement with MIFCO to establish ice plants and storage facilities in Meedhoo, Bandidhoo (Dhaalu Atoll), and Funadhoo (Shaviyani Atoll). The project is financed by the PSIP, valued at USD 1.6 million. Each ice plant costs USD 518,806, with an eight-month completion period. Each plant has 30-tonne capacity, storage 50 tonnes. This is part of a broader project for 11 islands. Five ice plants are funded by the Saudi Fund for Development, the rest by the government. The initiative aims to address ice challenges for fishing vessels.

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Maldives News Network

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Sep 25, 2024

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The Ministry of Fisheries and Ocean Resources signed an agreement with MIFCO to establish ice plants and storage facilities in Meedhoo, Bandidhoo (Dhaalu Atoll), and Funadhoo (Shaviyani Atoll). The project is financed by the PSIP, valued at USD 1.6 million. Each ice plant costs USD 518,806, with an eight-month completion period. Each plant has 30-tonne capacity, storage 50 tonnes. This is part of a broader project for 11 islands. Five ice plants are funded by the Saudi Fund for Development, the rest by the government. The initiative aims to address ice challenges for fishing vessels.

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