President Ibrahim Mohamed Solih has revealed that the public and private sector must work together to re-establish fisheries as the top driving force of the economy. President Solih made the statement at the inauguration ceremony of the Ensis Fish Processing Plant and Ice Plant at Hulhumale’ held on yesterday evening.
Speaking at the ceremony, the president noted that fisheries was the top industry in the country in past times, however industries such as tourism had preceded fisheries over the recent years. The President further noted that the sector had been unable to cope with the increase in fisheries activities in the country.
President Solih also highlighted that the economy suffers from a lack of fish processing capacity and the export of unprocessed fish. He further stressed that processing fish to add value to exported fisheries products maximizes profits and help fishermen receive better value for their catch. The President noted the Maldives fisheries sector had sustained for generations due to its environment-friendly model of pole and line fisheries.
Noting that Ensis is the first company to initiate fish processing operations in the Greater Male’ area, President Solih applauded the efforts of Ensis in the development of the fisheries sector in the country.
The new USD 25 million Fish Processing Plant in the Greater Male’ region by Ensis Fisheries will offer more than 400 job opportunities for locals of which 175 are earmarked for women.