The project occupies an area of about 20 hectares, five of which are already being explored, says the Provincial Government of Bengo, in a note posted on its Facebook.
According to the statement, the project, which belongs to the King Solomon Group, estimates "a production of 75 to 100 tons of fish in 2022".
The governor of Bengo, Mara Quiosa, at the inauguration of the project said that "no economy progresses only with government investment, and the private sector is fundamental for the development of any country, both in terms of increasing employability and tax revenue".
Cited in the note, the governor also invited businessmen to "come to know and invest in the province, following the example of the King Slomon Group, because Bengo offers good conditions for private investment, namely in agriculture, livestock and aquaculture, taking advantage of the large tracts of arable land and significant water resources".
According to Angop, the project, which results from an investment of around five million dollars, financed by the Keve and BAI banks, comprises 80 tanks, of which 40 are capable of producing 4,500 fingerlings and the other half is divided into 10 cooperatives that are part of the company.
With this initiative, 300 jobs are expected to be created, and 66 posts have been created so far.
In addition to increasing production, the company aims, in 2022, to generate 20 new companies to stimulate agriculture and aquaculture, said Salomo Sharabi, chairman of the Board of Directors, writes to Angop.