BRAZILIAN FIRM TO BOOST AQUACULTURE SECTOR
By Yamiko Banda- A Brazilian firm, Easy Development Investment Company -EDIC- has pledged to offer Zambia a humanitarian aid of 800 thousand United States Dollars to supplement government’s efforts in poverty reduction.
The company has also expressed interest to partner with Zambia in boosting the aquaculture industry, Internet connectivity, Tourism, Transport and Agribusiness Technology.
EDIC Delegation Leader Joseph Araujo says the company intends to set up a fish farming education centre in Zambia where young people can be trained in fish farming using expertise from Brazil’s specialists in fish farming projects.
He says his company has the technical knowledge on fish harvesting, which can potentially increase the production capacity and enhance revenue collection.
Mr. Araujo was speaking during an Investment Promotion at the Zambian Embassy in Brazil.
Meanwhile, Zambia’s Ambassador to Brazil Alfreda Kansembe-Mwamba has welcomed the business initiative as it will contribute to a viable aquaculture sector and promote economic diversification, food security and employment creation.
Dr. Kansembe-Mwamba said investment in the fishing industry will supplement government’s efforts in improving the livelihood of women and youths in rural communities as well as transforming Zambia into the largest exporter of fish in the region.
She has since assured the investors that Zambia has a conducive business environment and stands ready to partner with companies that have plans aimed at accelerating the development of the country.
This is contained in a statement issued to ZNBC News by First Secretary for Press and Public Relations at the Zambian Embassy in Brazil, Grace Makowane.