Project Description
The project aims to produce 1,000 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.
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 provide debt capital of US$3.3 million.
Availability of Pre-Feasibility Studies, Feasibility Studies, and other Studies
A comprehensive feasibility study, business plan, Environmental Impact Assessment, aquaculture license, permit for surface water extraction and land were all acquired.
Estimated Cost of the Project
The project cost is US$8,818,154.
Contacts
Mr David P Nkwazi, Lake Malawi Aquaculture Limited, P O Box 123, Salima. Phone #: +265 993 716 276. Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
The project aims to produce 1,000 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.
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 provide debt capital of US$3.3 million.
Availability of Pre-Feasibility Studies, Feasibility Studies, and other Studies
A comprehensive feasibility study, business plan, Environmental Impact Assessment, aquaculture license, permit for surface water extraction and land were all acquired.
Estimated Cost of the Project
The project cost is US$8,818,154.
Contacts
Mr David P Nkwazi, Lake Malawi Aquaculture Limited, P O Box 123, Salima. Phone #: +265 993 716 276. Email: This email address is being protected from spambots. You need JavaScript enabled to view it.