President to Appoint Fishermen’s Representative to MIFCO Board

President Dr. Mohamed Muizzu has announced the appointment of a fishermen’s representative to the Board of Maldives Industrial Fisheries Company Limited (MIFCO), in line with the Cabinet’s recommendation.

This decision comes following deliberations on a paper submitted by the Ministry of Fisheries and Ocean Resources during yesterday’s Cabinet meeting.

The appointment of a fishermen’s representative to the MIFCO Board is a strategic move aligned with the Administration’s ‘Hafuthaa 14’ roadmap.

The aim is to enhance fishermen’s participation in MIFCO’s operations and decision-making processes. In an effort to ensure transparency and inclusivity, the Ministry of Fisheries and Ocean Resources will soon issue an announcement inviting interested candidates to apply for the position.

President Muizzu will personally select the representative to the MIFCO Board from eligible applicants who express interest in response to the public announcement. This initiative reflects the government’s commitment to empowering and engaging fishermen in shaping policies and initiatives that impact their livelihoods.

Furthermore, following the Cabinet discussions, President Muizzu has directed the preparation of a comprehensive roadmap for the establishment of a ‘Fishermen’s Co-operative Society’. This roadmap will draw upon the experiences of other countries, relevant research, and expert opinions to develop a suitable model for fishermen across the country.

The establishment of a Fishermen’s Co-operative Society aims to strengthen the collective bargaining power of fishermen, enhance market access, and improve their socio-economic status. This initiative underscores the government’s commitment to supporting the fishing community and promoting sustainable fisheries management practices.

Stay tuned for further updates on the appointment process for the fishermen’s representative to the MIFCO Board and the development of the Fishermen’s Co-operative Society roadmap.

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