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Friday 27 November 2020

7 TRILLION TO LIFT ZANZIBAR BLUE ECONOMY

 

Zanzibar - Zanzibar based Salmin Fisheries Limited has secured 3bn US Dollar (about 7 trillion Shillings) business partnership in the construction of fish processing industries and a fish landing port.

Salmin Fisheries Executive Director, Dr. Salmin Ibrahim said here yesterday that Turkish Northland Capital Investments is willing to invest the amount in the ambitious projects under the Government spearheaded Blue Economy.

The indigenous fishing firm and Equity Bank have teamed up under a strategic programme to support small-scale fisheries through training, financing and marketing.

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