The Maldives Industrial Fisheries Company (MIFCO) has announced that the Maldives will have an aqua culture project underway by Fishermen’s Day 2010.
Research conducted by MIFCO revealed that Haa Alif Baarah was a very suitable island for such a project.
MIFCO representatives claimed the Maldives needs to expand from just relaying on fishing alone. They also said aquaculture projects would create many new jobs for local people, and added that feasibility tests had shown that such projects would be profitable.
