MIFCO Records Highest January Fish Purchase in Nearly Three Decades

MV+ News Desk | February 4, 2025
Photo: MV+

The Maldives Industrial Fisheries Company (MIFCO) recorded its highest fish purchase for the month of January in nearly 30 years, with over 8,000 metric tons acquired from local fishermen.

According to the Fisheries Ministry, MIFCO purchased a total of 8,324 metric tons of tuna in January 2024, marking the highest quantity bought by the company in a January since 1997.

The increase follows an improvement in fishing conditions across the Maldives, which MIFCO highlighted in mid-January. Data from the company indicates that an average of 280 metric tons of fish was purchased daily throughout the month.

This development comes after a period of decline in fish purchases by MIFCO towards the end of last year.

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