Milenge Fingerling Production Project

Project Description

PROJECT DESCRIPTION:

The main objective of this project is to improve the supply of fingerlings in Zambia. In 2020, it was estimated that 219 million fingerlings were produced and distributed. However, the national demand now stands at 305 million, leaving a shortfall of 86 million fingerlings.

PROJECT LOCATION:

Milenge District, Luapula Province, Zambia

LEAD AGENCY/PROJECT PROMOTER:

Zambia Development Agency

CURRENT STATUS/ STAGE OF PROJECT:

Brownfield

ACTION REQUIRED/ IMPLEMENTATION:

Partners

IMPLEMENTATION ARRANGEMENTS/ CONTRACT TYPE:

FDI through a Joint Venture (JV)

ESTIMATED COST OF THE PROJECT:

USD 4 million

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Country

Zambia

Location (s)

Milenge

Sector

Agriculture & Food Processing

Sub Sector

Fisheries

Investment Value Range

1-5 million USD

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