Jun 11. 2023 (Saba) -The efforts of the Ministry of Fisheries, during the current stage, are directed towards stimulating investment in the fishing sector in the Red Sea coast in Hodeida Governorate, through a number of projects related to marine products, which will contribute to supporting the national economy.
The Ministry of Fisheries revealed a matrix of procedures and arrangements for the implementation of promising investment projects, which will improve and sustain the fish and marine sector, increase fishing productivity and strengthen the local economy at a cost of $19,75,645.
Assistant Undersecretary of the Ministry of Fisheries for the Investment and Research Sector, Mustafa Hataba, explained to the Yemeni News Agency (Saba), that the ministry began, through some steps and coordination with the investment side, to work to stimulate investors in this promising sector according to well-studied plans and programs.
Hataba pointed out that these projects are related to food industries related to fish and seafood, and differ in the activities carried out by each project, as they will work to provide quality and efficiency in production, processing and marketing.
He pointed to the work done to prepare for investment in the fishing and fish sector through Tharawat Al Bahr Company, for canning and exporting fish and marine life Ltd., which began equipping the ice factory with the latest technologies at a cost of three million and 766 thousand dollars.
He indicated that two plots of land were handed over to establish an ice factory and invest in providing ice molds for fishermen, which contributes to enhancing work and production efficiency in the fishing sector, as the factory will produce more than three thousand ice molds per day of high quality.
Al-Wakil Hataba stated that two plots of land were recently handed over in the industrial zone in Hodeida, to establish two factories for canning tuna and sardines, at a cost of five million and 714 thousand dollars, and for the manufacture of canned marine products, at a cost of six million, 628 thousand and 534 dollars.
The establishment of two factories was considered one of the most important directions for the development of the fish sector in the country, as the first factory would ensure the preservation of the quality of the product and enable it to be used for a long time, while the other factory would grind fish and produce fish oil for use in the food and pharmaceutical industries.
The Assistant Undersecretary stated that a factory for preparing fish and manufacturing marine products is currently being completed at a cost of two million and 967 thousand dollars. He indicated that the percentage of completion in the project, which will prepare frozen, canned, smoked and dried fish, and prepare them for use in food products, is about 60 percent.
Hataba emphasized that the “Wealth of the Sea” and “Aflak for the manufacture of boats, ships, fishing equipment and supplies” companies specialize in various fields within the fish and marine sector, and provide wide job opportunities in many fields.
He stated that there are two new companies that will form strong competition, one of which focuses on projects in the field of the fish and marine sector, while the other works on fish farming and the cultivation of marine crops.
The Assistant Undersecretary of the Ministry of Fisheries expressed his optimism about future investments in the fish and marine sector, stressing that they will contribute to achieving self-sufficiency and food security, and provide new job opportunities in the field of marketing and export.
He also stressed the keenness of the Ministry of Fisheries to find fruitful cooperation between the institutions and stakeholders, in order to ensure the achievement of positive results and the prosperity of the fish sector. A translation of the directives of the revolutionary leadership and the Supreme Political Council, and the contents of the national vision.
Source: Yemen News Agency