President Dr Mohamed Muizzu has stated that the numerous initiatives launched by his Administration to support the fishing community will be completed within these two years, with tangible benefits becoming evident in the near future.
Speaking during the fourth episode of the Rayyithunnaa Eku podcast, President Dr Muizzu outlined several strategic projects aimed at enhancing the value chain of fish and fish products.
A key development is the expansion of skipjack tuna storage capacity, which is set to increase from the current 8,500 tonnes to 25,000 tonnes. In parallel, processing capacity will see a significant rise from 115 tonnes to 355 tonnes. The President provided assurances that these projects are fully resourced and will proceed without interruption.
Addressing the persistent challenges facing the fishing community, particularly reliable access to fuel and ice, the President noted that substantial improvements are being undertaken through infrastructure development and resource allocation.
He emphasised that his Administration's approach is grounded in direct consultation with fishermen.
By the end of this year, he confirmed that every atoll will have designated islands offering fuel at State Trading Organisation (STO) rates.
The President also discussed measures aimed at ensuring sustainable financial arrangements for fishermen.
A notable achievement of the Administration has been establishing dependable payment mechanisms for fishermen.
He highlighted that the implementation of his pledge to guarantee payments within 48 hours has successfully attracted young Maldivians back to the industry. Since last Fishermen's Day, payments totalling 470 million rufiyaa have been distributed without interruption, reinforcing progress towards the goal of fully Maldivian-crewed fishing vessels.
