Fisheries Initiatives Launched as Maldives Marks 45th National Fishermen’s Day

A series of new initiatives aimed at supporting fishermen and improving fisheries infrastructure were announced yesterday as the Maldives marked its 45th National Fishermen’s Day, with national-level celebrations held in R. Dhuvaafaru.

The main event saw the launch of several programmes focused on access to services, digital tools, and processing capacity within the fisheries sector. Among the key developments was the signing of an agreement to establish a fish purchasing facility in Kan’dholhudhoo, which will include cold storage and a specialised facility for grouper.

Several digital platforms were also introduced. These included a new module on the Keyolhu application to allow fishermen to check the availability of ice at ice plants, the Bank of Maldives Masveriyaa Portal, the From Maldives website, and the Maldives Industrial Fisheries Company’s Mas Kiraa application. A sustainable livebait fishery management plan was also launched as part of the programme.

Addressing the event, President Dr Mohamed Muizzu said the administration aims to reposition fisheries as a central pillar of the Maldivian economy, noting its role in the country’s identity and livelihoods. He outlined a range of measures intended to address challenges faced by fishermen, particularly around pricing, access to inputs, and infrastructure.

Among the changes announced was a revision to MIFCO’s purchasing policy, with the minimum quantity of fish to be bought reduced from 1.5 kilograms to one kilogram, at the maximum market rate. The President also stated that MIFCO would sell fuel to fishermen at an average of 51 laari below prevailing market prices.

On infrastructure, the administration plans to expand cold storage capacity and open an additional 200 loan opportunities for Refrigerated Sea Water systems. The President said preparatory work to establish fisheries processing facilities across the country would begin shortly. He also noted that fuel skid facilities are being rolled out nationwide, with all expected to be operational by the end of March.

Fish pricing was identified as a key concern within the sector. In response, the President said MIFCO would expand its operations to include the purchase of yellowfin tuna, subject to progress at its Hulhumalé facility.

The address also touched on employment in the fisheries sector, with an emphasis on increasing participation by Maldivians and encouraging training and employment of young people. The President said national-level recognition would be introduced for individuals and organisations contributing to this effort.

The event concluded with the presentation of awards to individuals, companies, fishing vessels, and fishermen recognised for their contributions to the fisheries industry during 2023 and 2024. A range of related activities, including a Fishermen’s Forum, were held on Dhuvaafaru to mark the occasion.