MIFCO Warns of Suspension to Fishing Boats Obstructing Factory Operations
Photo: MIFCO
The state-owned Maldives Industrial Fisheries Company (MIFCO) has issued a stern warning to fishing boats amid escalating protests at its Addu Fisheries Complex (AFC) over unpaid payments.
The company said in a statement that any fishing boat obstructing efforts by MIFCO staff and police to restore operations would face a three-month suspension from selling fish to MIFCO.
Protests have intensified since last Thursday, with demonstrators reportedly entering restricted areas and disrupting operations.
According to MIFCO’s press release, protesters entered facilities such as the fish cold storage, powerhouse, and staff quarters, leading to severe disruptions in essential services for staff, including food, sanitation, and accommodation. These actions have also caused financial losses for the company, which is now working closely with authorities to restore normalcy.
In response to fisher concerns, MIFCO confirmed that it has disbursed over MVR 766 million to fishers this year, including outstanding payments of MVR 234 million from previous years.
The company reiterated its commitment to resolving payment delays, acknowledging the challenges posed by purchasing fish at a loss of MVR 8 per kg and its dependence on government support for compensating fishers.
“As we work with the government to secure funds, we regret the delays in disbursing payments to fishers. We accept the protests carried out within the confines of the law.” MIFCO said.
There have been multiple protests this year across the country as fisher discontent over unpaid payments have put the government on the back foot to fulfil campaign pledges to fishermen.





