Economy
Fishing is the backbone of the economy of Ihavandhoo.Traditionally, the island has been a pure fishing island. Majority of the working age group are experienced fishermen. Major types of fishing done by Ihavandhoo fishermen are pole and line fishing. Main types of tuna caught are skipjack tuna and kawakawa. Their main occupation being fishing, the community seemed getting better off.
Ihavandhoo also accounts for the countries export of Tuna (chilled and frozen) and dried fish. Dried and salted fish is an export product of Ihavandhoo. Tuna are boiled and dried in the sun and then sold to buyers in Male. Another famous byproduct is Rihaakuru, the traditional fish soup which is rich in proteins and a good source of income for the islanders.
In addition to this, fish also plays an imminent role in the diet of this community. Fish is a very nutritious diet (rich in proteins) which plays an important role in Maldivian dishes.
Today a large number of fishing boats are being constructed in the island, most large vessels with much capacity for holding stocks of tuna with RSW freezing system built in the boat and sophisticated engines boost the performance of these locally build vessels.
Lump sum amounts of money are invested on these ventures. Most of the boats build during the last five years were built of fiberglass. The fishermen experience that boats build of fiberglass have longer life and is speedier that that of wood.
During the past years, fish catch has increased rapidly. The island Huvahandhoo was leased to Jausa Fisheries Link (a government licensed private sector fisheries investor ). The investment is still lacking its credibility. The fishermen hopes that their catch will be sold easily. The government owned fisheries company Maldives Industrial Fisheries Company also operates in the region.
Read more about this topic: Ihavandhoo (Haa Alif Atoll)
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