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Vertical Aquaculture Farm to Be Built By Brunei & Singapore
February 14th, 2017 | 08:12 AM | 3221 views
BANDAR SERI BEGAWAN
Dato Seri Setia Awang Haji Ali bin Haji Apong, the Minister of Primary Resources and Tourism and visiting Singapore Minister of State, Ministry of Trade & Industry, Ministry of Development Dr Koh Poh Koon signed a contract agreement for the First Vertical Land-Based Aquaculture Farm in Kampong Tungku yesterday.
The agreement involved the Fisheries Department and KR Apollo Sdn Bhd with the Fisheries Department being represented by its director Haji Abdul Halidi bin Mohd Salleh and Acting Deputy Director Mariani binti Haji Sabtu as a witness.
Representing and signing as witnesses for KR Apollo were its Directors Yang Amat Mulia Pengiran Kerma Raja Pengiran Haji Kamarulzaman bin Pengiran Pekerma Setia Diraja Sahibul Bandar Pengiran Haji Ali and Eric Ng.
Dato Seri Setia Awang Haji Ali stated that the project involves the farming of fish and prawns in a multi-tier farm, which is efficient with the minimal use of land and have the ability to pull in more production.
He further added that this will make KR Apollo competitive with countries abroad with low export costs, which is in line with the ministry's strategic plan to increase production of the fisheries sector using high-technology. This will meet the ministry's target of increasing production in this sector from the $100 million value in 2015 to over $600 million in 2020 without consuming much land and through high technology.
Dr Koh Poh Koon noted that Singapore and Brunei have great relations for many years and collaborated in many areas especially defence and monetary. Investing in Brunei opens a new chapter for them to deepen collaboration further between both countries.
He further pointed out that Apollo Aquarium Fish Farm has actually invested technology where they started as an ornamental fish farm but over the years have adopted and developed new technology and became innovative allowing them to take farming to a higher/new level with assurance of productions, which will be able to meet a growing market demand.
When asked on future collaborations, the minister pointed out that this collaboration is a good start and as the collaboration deepens, other opportunities can arise.
Source:
@BRUDIRECT.COM
by BruDirect.com
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