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News CHEC / sustainable agriculture Uthuru Thila Falhu Impact 6.0/10 3 min read
MIDFZ, China’s CHEC Sign Agreement for Sustainable Agriculture Project in Uthuru Thila Falhu

MIDFZ, China’s CHEC Sign Agreement for Sustainable Agriculture Project in Uthuru Thila Falhu

Maldives Industrial Development Free Zone (MIDFZ) signed a memorandum of understanding with China Harbour Engineering Company (CHEC) for a large-scale sustainable agriculture project in Uthuru Thila Falhu. The project will establish an agricultural economic zone, a first for the Maldives. MIDFZ is a consortium of five state-owned enterprises including STO, HDC, MPL, MTCC, and MACL, headed by Shimad Ibrahim. The MoU was signed by STO's CEO Shimad Ibrahim and CHEC's Country Manager Mao Bao. The project aims to develop infrastructure, boost agricultural produce, train farmers, and reduce reliance on imports. Minister of Economic Development Mohamed Saeed said the project aligns with the administration's food security vision.

Maldives Industrial Development Free Zone (MIDFZ) signed a memorandum of understanding with China Harbour Engineering Company (CHEC) for a large-scale sustainable agriculture project in Uthuru Thila Falhu. The project will establish an agricultural economic zone, a first for the Maldives. MIDFZ is a consortium of five state-owned enterprises including STO, HDC, MPL, MTCC, and MACL, headed by Shimad Ibrahim. The MoU was signed by STO's CEO Shimad Ibrahim and CHEC's Country Manager Mao Bao. The project aims to develop infrastructure, boost agricultural produce, train farmers, and reduce reliance on imports. Minister of Economic Development Mohamed Saeed said the project aligns with the administration's food security vision.

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Maldives Republic

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Mar 29, 2024

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Maldives Industrial Development Free Zone (MIDFZ) signed a memorandum of understanding with China Harbour Engineering Company (CHEC) for a large-scale sustainable agriculture project in Uthuru Thila Falhu. The project will establish an agricultural economic zone, a first for the Maldives. MIDFZ is a consortium of five state-owned enterprises including STO, HDC, MPL, MTCC, and MACL, headed by Shimad Ibrahim. The MoU was signed by STO's CEO Shimad Ibrahim and CHEC's Country Manager Mao Bao. The project aims to develop infrastructure, boost agricultural produce, train farmers, and reduce reliance on imports. Minister of Economic Development Mohamed Saeed said the project aligns with the administration's food security vision.

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