MIFCO to be run separately from STO

2 days ago

The government has decided to have the Maldives Industrial Fisheries Company (MIFCO) – currently run as a subsidiary of the State Trading Organization (STO) – run as a separate, fully state-owned enterprise. At a press conference on Tuesday, President Dr. Mohamed Muizzu described making MIFCO a 100 percent state-owned enterprise as a key pledge on his manifesto. President Muizzu said that 10