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Work to Revive Facility at Funahdoo and Increase Processing Capacity Nationwide Underway: Fisheries Minister

Fisheries Minister Ahmed Shiyam told Parliament that the ministry is working to bring the fisheries facility at Funahdoo Island in Thaa Atoll back into operation, saying an assessment found MVR 157.3 million was needed just to complete the facility's port. The facility began purchasing fish in 2004, ceased operations in 2008, and was bought by the government on 6 March 2022 and handed to MIFCO after BML foreclosed on it.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures3as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates
  1. Sun 6 Mar
    The government bought the Funahdoo fisheries factory and handed it over to MIFCO after BML foreclosed on it. 6 March 2022 only Maldives Republic the government, on 6 March 2022, bought the factory and handed it over to MIFCO after the Bank of Maldives (BML) foreclosed on the facility due to non-payment of a loan taken from BML.

    Word for word from the report in Maldives Republic. Open the report

  2. Tue 20 Feb
    Fisheries Minister Ahmed Shiyam answered questions from MPs during a Parliament sitting, addressing a question on when fishermen could sell… 20 February 2024 only Maldives Republic newest Fisheries Minister Ahmed Shiyam answers questions during a Parliament sitting on 20 February 2024.

    Word for word from the report in Maldives Republic. Open the report

Who said what

the reports' own quoted words, each once
  • However, since I took over the ministry, we have physically sent people there and we believe that Funahdoo can be brought into operation more easily and less expensively and as such I would like to inform the honourable members [of Parliam…

    Ahmed Shiyam Maldives Republic Open the report (Maldives Republic)

  • Funahdoo is one of the facilities that will definitely give us this solution.

    Ahmed Shiyam Maldives Republic Open the report (Maldives Republic)

How the reporting differs

one source so far
Maldives RepublicNews outlet

Work to Revive Facility at Funahdoo and Increase Processing Capacity Nationwide Underway: Fisheries Minister

MVR 157.3 million Cost assessed as needed to complete Funahdoo facility's port

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • MVR 157.3 million Cost assessed as needed to complete Funahdoo facility's port Maldives Republic an assessment done on the facility showed that MVR 157.3 million was needed just to complete the facility’s port alone.

    Word for word from the report in Maldives Republic. Open the report

  • 2004 year Year the Funahdoo facility began purchasing fish Maldives Republic developed as a fisheries factory, and which began purchasing fish in 2004

    Word for word from the report in Maldives Republic. Open the report

  • 2008 year Year the Funahdoo facility ceased operations Maldives Republic The company stopped purchasing fish, and ceased operations, in 2008.

    Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical

Named in these reports

alphabetical