Wednesday
18th Dec 2024
Dhivehi Edition
CIDCA Chairman Luo Zhaohui meets with Minister Shiyam
The Maldives has extended an invitation to Chinese investors to explore opportunities in the burgeoning mariculture sector of the island nation. This significant call was made by Minister of Fisheries and Ocean Resources, Ahmed Shiyam, during a meeting with Luo Zhaohui, Chairman of the China International Development Cooperation Agency (CIDCA), as part of his visit to China.
Minister Shiyam underscored the Maldivian government’s commitment to developing a thriving mariculture industry, revealing that four key areas have already been identified to spearhead this initiative. He emphasized that investment is a crucial element for the sector’s growth, while also highlighting the need for technological assistance and capacity-building programs to train local professionals.
The mariculture sector in the Maldives holds immense potential for development. We welcome Chinese investors to partner with us in unlocking this potential, Minister Shiyam stated. He elaborated that the government’s focus on sustainable and environmentally friendly practices aligns with global best practices and the principles of the blue economy.
In the meeting, Minister Shiyam also discussed ongoing efforts to enhance the fisheries sector. These include increasing fish processing capabilities and promoting eco-friendly fishing practices to ensure long-term sustainability.
Reflecting on the enduring relationship between the Maldives and China, the Minister expressed optimism about further strengthening ties based on mutual respect and sovereign equality. The Maldives-China relationship has a history of close cooperation, and we are confident it will continue to grow in mutually beneficial ways, he said.
Minister Shiyam’s visit to China is centered around his participation in the China-Indian Ocean Region Forum on Blue Economy Development Cooperation, a platform aimed at fostering collaboration among Indian Ocean nations for sustainable economic growth.