<span style="color: #222222;">India has extended Line of Credit worth 18 million US dollars to the Government of Maldives for the expansion of fishing facilities at Maldives Industrial Fisheries Company (MIFCO). <br />''<br />''The project envisages investment in fish collection and storage facilities and the setting up of a tuna cooked plant and fishmeal plant.  It is part of the 800 million US dollars line of credit offered by India with repayment tenor of 20 years and a 5-year moratorium. Indian High Commission in Male said fishing is deeply connected to the Maldivian way of life and is a key driver of the economy through exports.</span><br />