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News fisheries / fishermen Maldives Impact 5.0/10 2 min read
MIFCO Opens Board Position to Fishermen

MIFCO Opens Board Position to Fishermen

The Ministry of Fisheries and Ocean Resources announced that fishermen can apply for a representative position on MIFCO's board. MIFCO, formerly a subsidiary of STO, transferred all STO shares to the government on 20 December. President Muizzu stated plans to create a fishermen's cooperative and make it a shareholder after divesting MIFCO from STO. The government's 'Week 14' roadmap includes increasing fishermen's role. The President's manifesto promises dividends to fishermen. Applicants must be Maldivian citizens, active fishermen, 18+, without recent criminal record. Applications due 11 January at 1:30 PM.

The Ministry of Fisheries and Ocean Resources announced that fishermen can apply for a representative position on MIFCO's board. MIFCO, formerly a subsidiary of STO, transferred all STO shares to the government on 20 December. President Muizzu stated plans to create a fishermen's cooperative and make it a shareholder after divesting MIFCO from STO. The government's 'Week 14' roadmap includes increasing fishermen's role. The President's manifesto promises dividends to fishermen. Applicants must be Maldivian citizens, active fishermen, 18+, without recent criminal record. Applications due 11 January at 1:30 PM.

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Source

Maldives Republic

Published

Dec 29, 2023

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The Ministry of Fisheries and Ocean Resources announced that fishermen can apply for a representative position on MIFCO's board. MIFCO, formerly a subsidiary of STO, transferred all STO shares to the government on 20 December. President Muizzu stated plans to create a fishermen's cooperative and make it a shareholder after divesting MIFCO from STO. The government's 'Week 14' roadmap includes increasing fishermen's role. The President's manifesto promises dividends to fishermen. Applicants must be Maldivian citizens, active fishermen, 18+, without recent criminal record. Applications due 11 January at 1:30 PM.

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