India extended US$18 million Line of Credit to Maldives for expansion of which facilities at MIFCO?

India extended US$18 million Line of Credit to Maldives for expansion

1.	India extended US$18 million Line of Credit to Maldives for expansion of which facilities at MIFCO?
Answer» On August 5, 2020, India has extended the Line of Credit (LoC) worth US$18 million to the Government of Maldives for the expansion of fishing facilities at Maldives Industrial Fisheries Company (MIFCO) based in Felivaru, Lhaviyani Atoll, through the development of fish collection and storage facilities, and the setting up of a tuna cooked plant and fishmeal plant.