MIFCO and CMEC sign three MoUs to develop chilled‑fish processing and export facilities in Addu

The Maldives Industrial Fisheries Company (MIFCO) has signed three Memorandums of Understanding (MoUs) with China Machinery Engineering Corporation (CMEC) to establish new chilled‑fish processing and export facilities in Addu City, along with major cold‑storage upgrades in two additional islands.

The agreements were signed at a ceremony held at the Ministry of Fisheries and Ocean Resources, with senior officials from both MIFCO and CMEC in attendance.

According to MIFCO, the partnership aims to expand the company’s cold‑storage capacity and strengthen fish processing and export operations. A key component of the initiative is increasing procurement and storage capacity at the Addu Fisheries Complex, where a modern chilled‑fish processing and export factory will be developed.

The project also includes establishing cold‑storage and blast‑freezing facilities in Th. Hirilandhoo and G.Dh. Thinadhoo, and expanding the fish purchase and chilling operations in Thinadhoo.

MIFCO said its collaboration with CMEC, one of China’s largest engineering corporations, will support the sustainable growth of the Maldives’ fisheries sector, improve supply‑chain efficiency, and boost national efforts to add value to fish products for export.