The Maldives is advancing its efforts to develop its fisheries, mariculture, and blue economy sectors through strategic collaborations with international partners. The Ministry of Fisheries recently welcomed a delegation of Chinese investors to explore opportunities in these growing industries. The discussions centred on the government’s plans to develop infrastructure such as sports fishing ports and mariculture facilities, which are expected to drive economic growth in these sectors.
In addition to the business talks, the meeting also included discussions with representatives from the First Institute of Oceanography of China’s Ministry of Natural Resources. The focus of these discussions was on providing training in mariculture and enhancing research capabilities in fisheries. Both parties explored the potential for deeper collaboration, including the signing of an agreement between the Maldives Marine Research Institute and the Chinese Institute, which would foster greater scientific cooperation.
These initiatives are part of the Maldives’ broader strategy to position itself as a leader in the sustainable blue economy, encouraging investment while ensuring the long-term health of its marine resources. The development of infrastructure and international partnerships is expected to drive growth in these sectors and contribute to the overall economic expansion.