MIFCO has stated that two major global brands are ready to buy MIFCO products. The chairman of STO, Ahmed Shaheer said that being able to sell MIFCO products to, two global brands will be a huge achievement for MIFCO.
Even now MIFCO supplies to some major brands and hence this will be an addition to their businesses.
Shaheer said that even now MIFCO receives orders but the problem is that they are unable to supply. “ When STO started managing MIFCO, MIFCO was able to can 15 tons of fish per day. Once our work to increase the capacity up to 50 tons is complete, the capacity will increase by three folds” said Shaheer.
Shaheer said that in future, MIFCO will try to export value added products instead of raw fish because a better profit is made from this way. Once the free trade agreement with China is signed, Maldivian fish products will get a good market from China. Since the Chinese market is large, it is possible to sell all the fish products of Maldives to China alone.
Maldivian fish products are well received in Chinese trade fairs. Hence even now, it is guaranteed that Maldivian fish products will have good market in China.
Two major brands ready to buy MIFCO products!
