Project Description
The project aims to produce 1000 tons of farmed fish in the first year, then scale up production to 4,000 tons within 3 years for the domestic, regional and international markets. The project will also produce fingerlings for its own use and selling to other fish farmers.
The species to be cultured are Oreochromis karongae (Chambo) and some Bagrus meridionalis (Kampango catfish). Fingerlings will be produced in hatcheries using selective breeding techniques while outgrowing will take place in cages in the lake. The project location is at Kambiri Point, South Senga Bay in Salima and it is expected to commence in the 4th quarter of 2019 once all regulatory and financing processes have been completed.
Project Location
Senga Bay, Salima
Current Status/ Stage of Project
Non-operational
Actions Required/ Implementation Arrangements/ Contract Type
Expressions of Interest are invited for promoters who can partner with Government to develop and own for a period the said development.
Availability of Pre-Feasibility Studies, Feasibility Studies, and other Studies
The technical feasibility study, business plan and investor information memorandum have been completed, while the environmental and social impact assessment is near completion for submission to the Department of Environmental Affairs.
Estimated Cost of the Project
The project estimated cost is US$7.1 Million.
The project aims to produce 1000 tons of farmed fish in the first year, then scale up production to 4,000 tons within 3 years for the domestic, regional and international markets. The project will also produce fingerlings for its own use and selling to other fish farmers.
The species to be cultured are Oreochromis karongae (Chambo) and some Bagrus meridionalis (Kampango catfish). Fingerlings will be produced in hatcheries using selective breeding techniques while outgrowing will take place in cages in the lake. The project location is at Kambiri Point, South Senga Bay in Salima and it is expected to commence in the 4th quarter of 2019 once all regulatory and financing processes have been completed.
Project Location
Senga Bay, Salima
Current Status/ Stage of Project
Non-operational
Actions Required/ Implementation Arrangements/ Contract Type
Expressions of Interest are invited for promoters who can partner with Government to develop and own for a period the said development.
Availability of Pre-Feasibility Studies, Feasibility Studies, and other Studies
The technical feasibility study, business plan and investor information memorandum have been completed, while the environmental and social impact assessment is near completion for submission to the Department of Environmental Affairs.
Estimated Cost of the Project
The project estimated cost is US$7.1 Million.
Contacts
Director of Fisheries,Department of Fisheries,
P.O Box 593,
Lilongwe
Tel : +265 (0) 1 788 511/571
Fax : +265 (0) 1788712
E-mail : This email address is being protected from spambots. You need JavaScript enabled to view it. / This email address is being protected from spambots. You need JavaScript enabled to view it.
Mr David P Nkwazi,
Lake Malawi Aquaculture Limited,
P O Box 123,
Salima
Cell : +265 (0) 993 716 276
E-mail : This email address is being protected from spambots. You need JavaScript enabled to view it.