The Government is preparing to issue three additional seaweed farming permits as part of its efforts to expand mariculture in the Maldives, with five parties already holding permits and commercial seaweed cultivation and exports under way.
The Ministry of Fisheries, Agriculture and Ocean Resources confirmed that island councils have approved seaweed farming projects in Gemanafushi, Gaafu Alifu Atoll; Veyvah, Meemu Atoll; and Hithadhoo, Laamu Atoll. The Ministry is now proceeding with the issuance of permits for these areas.
The move follows growing interest in seaweed farming, with five parties already holding permits. The approved locations include Baa Goidhoo, Gaafu Alifu Kondey, Kolamaafushi, and Meemu Kolhufushi. The Kolamaafushi area covers Kalhuhuttaa Falhu, while Goidhoo appears twice among the five permits. Farming activities are currently underway on two islands.
The expansion forms part of the Government's wider efforts to establish mariculture as a distinct industry. To support its development, the Government has designated 13 zones across six atolls, covering a total of 3,849 hectares.
President Dr Mohamed Muizzu has placed particular emphasis on developing the sector, with the Government including plans to expand mariculture in its manifesto and launching several initiatives over the past two years.
These efforts have already led to commercial activity. A private company began cultivating seaweed in 2025, while the Maldives exported commercially cultivated seaweed for the first time that year, marking a significant step in the development of the industry.
The current Administration has also introduced commercial seaweed farming permits under its mariculture-friendly policy. Previously, applicants could not obtain permits to cultivate seaweed using floating acres, even after conducting research and seeking approval.
Earlier feasibility studies had examined whether the Maldives could cultivate this type of seaweed. The findings confirmed that seaweed farming was viable in the country, supporting efforts to develop the industry commercially.
With marine areas accounting for 99 per cent of the Maldives, the Government aims to maximise the benefits of the country's marine resources for the public.
Commercial seaweed farming began in Asian countries around 50 years ago. Today, China, Indonesia, South Korea and the Philippines account for approximately 98 per cent of global cultivated seaweed production.
The global seaweed market was valued at USD 17.14 billion in 2023, with experts forecasting that its value will double by 2032.
The Government expects the development of mariculture to create new employment opportunities, increase export earnings, and support growth in fisheries and related industries.