MTCC X MIFCO Sign to Develop Fishing Facilities in the South of Maldives

On Tuesday, Maldives Transport & Contracting Company (MTCC) signed an agreement with the Maldives Industrial Fisheries Company (MIFCO) to develop fisheries complexes in GA. Kooddoo and GDh. Thinadhoo in the South of Maldives. The contract was signed between the CEO of MTCC, Adam Azim and the CEO of MIFCO, Ismail Fauzee during a ceremony held at the MIFCO Headquarters.

As part of this agreement, MTCC is responsible for developing a fisheries complex on Thinadhoo island and expanding the capacity of the existing Kooddoo Fisheries Complex. The scope of the project encompasses several civil works. This includes carrying out work at the cold storage and associated facilities of GDh. Thinadhoo and paving works at the MIFCO Industrial Zone.

The scope of the capacity-building project in Kooddoo include developing the Kooddoo Harbour Kalaminja unloading jetty and reclamation of the reefer container yard. In addition to this, MTCC will also be laying down the foundation of the new brine freezer building and carrying out its civil works at GA. Kooddoo. The total value of the combined projects under this contract amounts to MVR 42.26 million.

During the press briefing held, the CEO of MTCC Adam Azim expressed his understanding of the government's commitment to developing the fishing industry. He emphasized the significance of this project for the future development of the Maldives’ fishing industry. Speaking further, he stated that MTCC will prioritize delivering this project on time and is currently in the process of mobilizing their teams once the formalities are completed.