President Edgar Lungu has revealed that government is
investing 50 million dollars in developing the fish industry in
the country.
President Lungu says the program is being implemented in
partnership with the Africa Development Bank.
He says government through the Ministry of agriculture and
Livestock is supporting initiatives aimed at supporting small
holder farmers to increase their productivity and market
access in areas such as fish farming.
President Lungu says the Minister of Agriculture has been
challenged to ensure that significant investment is
channeled toward increasing the country’s fish production.
Officially opening the Yalelo Fish Farming Facility in Siavonga
this morning, Mr. Lungu noted that the project has come at
a right time when he recently issued a statement on the
need for Zambia to significantly increase its investment in
fish production.
He is delighted that the company with 275 employees has
targeted to increase its daily fish production to 15 metric
tones in the next three months from the current 5 metric
tones.
And Agriculture Minister Given Lubinda says it is sad that
Zambia keeps on bragging about having 40 percent of the
waters in SADC and plenty of rainfall yet has not taken
advantage to produce fish and meet the national demand.
He says the Ministry has made progress in increasing fish
production in the past five years and is still implementing
more projects to increase fisheries.
And Yalelo Board Chairman Adam Taylor says his company
is setting trends in global fish farming as it has the largest
fish farming cages on the globe.
Mr. Taylor has since appealed to government to improve the
road network in the area as part of promoting more
commercial fish farmers in Siavonga.
And Yalelo Director Fisho Mwale has attributed the success
of the company to support from the Bagande Chiefdom
under Chief Simamba of Siavonga District. LT
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