Wednesday, July 1, 2026
HomeNewsBusinessTwo Private Enterprises Commence Seaweed Cultivation Operations

Two Private Enterprises Commence Seaweed Cultivation Operations

Photo Credits: Fisheries

To bolster the mariculture industry in the Maldives, the government has designated five strategic zones and introduced the “Mariculture Scheme” to provide financial assistance to prospective investors. Currently, several private companies have already initiated the cultivation and international export of seaweed. Furthermore, efforts to expand this sector are underway with the support of the Food and Agriculture Organization (FAO) and the Government of Japan. These initiatives are expected to generate significant employment opportunities across the islands and facilitate increased national revenue from marine resources.

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