Right To Information

Information disclosed on the office's own initiative under Section 37 of the Right to Information Act.

Name: Shifza Musthafa  |  Designaton: Senior Manager  |  Phone Number: +960 7412211  |  Email: rti@mifco.mv

Maldives Industrial Fisheries Company Limited is a government company as defined under Section 6 of Act No. 7/2023. Established on 1 November 1983. MIFCO was formed to purchase fish from fishermen, process fish products, market and sell them both within the Maldives and internationally. MIFCO provides ice and other fisheries related services to fishermen. It also carries out responsibilities assigned by the Government.

Organizational Structure of MIFCO

  • Operate fish collection and weighing services across the Maldives through regional collection centres and company vessels deployed to fishing grounds. Provide essential support services to fishermen, including drinking water, freshwater, ice, and other operational necessities. A dedicated 24-hour hotline (7958070) is available to address fishermen’s inquiries and concerns.
  • Provide technical assistance and maintenance services for fishing vessels at affordable rates to support uninterrupted fishing operations.
  • Promote fisheries education and public awareness by facilitating educational visits and field trips for students from schools across the Maldives and providing information on the fisheries industry and MIFCO’s operations.
  • Expand access to MIFCO products by establishing retail outlets across the Maldives.
  • Creating employment opportunities for communities in areas where MIFCO facilities and operations are established.
  • Develop and operate ice production facilities across the Maldives

Complaints regarding MIFCO’s services or other related matters may be submitted through the Whistleblower page/Contact Us page on the website, or the company’s official email addresses. The relevant links and email addresses are provided below:

MIFCO’s documents are archived in designated facilities established within the company’s premises. Additionally, archived documents are stored at various company centers. Soft copies of work records are maintained on online drives, while hard copies are filed systematically.

Information maintained by MIFCO includes the following types:

  • Announcements 
  • News 
  • Press Releases 
  • Travel Reports
  • Fish Reports
  • Ice Reports
  • Fuel Reports
  • Sales Reports
  • Export Documents
  • Financial Reports
  • Job Advertisements
  • Job Application Forms 
  • Documents published in the Government Gazette 
  • Incoming and Outgoing Correspondence 
  • Internal Audit Reports 
  • Bids submitted to the company
  • Employee Registry 
  • Employee Records  Administrative Circulars 
  • Annual Reports
  • Project Documentation 
  • Minutes of Executive Committee (EXCO) meetings
  • Minutes of the Board of Directors meetings 
  • Board of Directors’ Decisions
  • Company Regulations / Policies
  • Schedule of the Chief Executive Officer’s appointments 
  • Documents submitted under the Right to Information Act
  • Income and Expenditure Reports
  • Other information maintained in relation to the company’s responsibilities and mandates.

The types of information generally published by the company include news, press releases, details of payments made to fishermen, information regarding MIFCO’s fish purchasing ports and prices, information on quality standards maintained by the company, the company’s annual report, and information on products manufactured by the company. Links to the aforementioned categories are provided below:

If you wish to seek information from MIFCO under Law No. 1/2014 (Right to Information Act), requests can be submitted through the ‘Maholi’ portal developed by the Information Commissioner’s Office. Additionally, such requests can be sent via email to the company’s email address. Furthermore, requests submitted by letter will be accepted at the company’s reception counter. Requests can also be submitted using the ‘Right to Information Request Form’ available on the company’s website.

Right to Information Form

The highest authority of the company is the Board of Directors. The Board bears full responsibility for determining and enforcing laws, regulations, and corporate governance principles to achieve the company’s objectives. The Chief Executive Officer or Managing Director is responsible for implementing the decisions made by the Board and overseeing the day-to-day operations of the company. The Chief Executive Officer shall be accountable to the Board for all management-related matters. Information regarding the members of the company’s Board of Directors and the Executive Team can be found at the links below:

  • Law No. 7/2023 (Companies Act) Law No. 2/2008 (Employment Act) Law No. 16/2019 (Whistleblower Protection Act)
  • Law No. 31/79 (Maldives Export Import Act)
  • Law No. 69/78 (Maritime Vessels Act)
  • Law No. 12/2020 (Consumer Protection Act)
  • Law No. 19/2022 (Trademarks Act) Law No. 3/2010 (Tax Administration Act)
  • Law No. 8/2011 (Customs Act)
  • Law No. 6/2024 (Food Safety Act)
  • PCB Corporate Governance Code
  • Procurement Procedures and Guidelines for State Owned Enterprises of Maldives
  • Policies included in the Staff Regulations
  • Procurement Policy
  • Whistleblower Policy

Information regarding decisions made by the company that affect the public will be available on the company’s website, the sections of the Maldives Government Gazette dedicated to jobs and tenders, and through the news links on the website. 

As part of the company’s policy to work closely with the public and listen to their voices, the company management meets with fishermen to hear their grievances and work towards solutions. Additionally, suggestion boxes are placed at company shops to gather feedback from customers. Furthermore, opinions and complaints can be sent to the company via email and letters.

info@mifco.mv

reception@mifco.mv

  • Increasing storage and canning capacity.
  • Regular maintenance of machinery
  • Increasing fisheries production while maintaining the quality of the products.
  • Transforming the stages of purchasing and handling fish into a faster and more efficient process. 
  • Promoting products through strategic planning and advancing the brand name in the market.

Budget Link: 

The basis for all decisions made by the company is the laws the company must adhere to and the regulations formulated in conjunction with those laws. In this regard, the decision making process involves the following three stages:

  • Board of Directors: The highest level of the company is the Board of Directors. The Board is responsible for establishing all organizational policies and determining the strategic direction for the management to follow.
  • Executive Management: Executive Management makes decisions regarding the implementation of established policies and all matters related to the administration of the organization.
  • Senior Management: Senior Management makes decisions regarding the day to day operations of the office, in accordance with the company’s regulations and established policies and procedures.
Maldives Industrial Fisheries Company Limited (MIFCO) is a government company established under Section 6 of the Companies Act (7/2023). The primary objective of the company is to purchase fish caught by Maldivian fishermen, produce various products from that fish, and generate profit through commercial principles. In fulfilling its responsibilities, the company is mandated to follow the instructions of the parent ministry (Ministry of Finance) and the line ministry (Ministry of Fisheries, Agricultural and Ocean Resources), as well as the procedures established by the Privatization and Corporatization Board. Furthermore, all matters concerning the management and accountability of the company are based on the principles set forth in the relevant laws and regulations.