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Ambassador Mwamba woes Brazilian Fish investors

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Zambia’s Ambassador to Brazil, Alfreda Mwamba has undertaken a fact-finding tour of a Fishing Hub and Agribusiness Learning Institute for Easy Development, a Brazilian company that is planning an Investment mission to Zambia.

Dr Mwamba also inspected the Shrimp Fish and Dairy Farms in Bahia, North of Brazil where she commended Easy Development for their advanced technology being used in the management of the aquaculture and agricultural sectors.

She has described as credible the investment plans by Easy Development and the company plans to visit Lusaka for consultative meetings with stakeholders in fish farming and agriculture sectors.

Dr. Mwamba said Zambia needs the skill advancement technology programs in the aquaculture industry and is optimistic that the investment would create jobs and wealth as technology is key in creating growth in line with Zambia’s Economic Recovery Program.

She has assured Easy Development that the Zambian Embassy in Brasilia stands ready to facilitate the Brazilian company’s investment mission in Zambia.

The Brazilian firm is able to replenish fish in rivers where it is depleting as well as manage fish farming ponds using Cooperatives that mostly comprise youths.

And Easy Development’s Board member, Roberto Racz said the firm has invested US$1.6million in the Tilapia Fish Industry and is able to maximize production from the 120 fish cages.

Mr. Racz revealed that the company produces 80 tons of fish per month and this enables the firm to maintain a stable cash inflow.

Meanwhile Easy Development Chief Executive Officer Dimitrius Cardoso said his company is ready to invest in Zambia after learning that the country has maintained good investment policies that have provided direction for economic growth through key areas in the aquaculture and agriculture sectors.

Company Technical Director Felipe Pedrosa also reaffirmed the company’s commitment in supporting Zambia in the poverty eradication programs and ensuring that the unemployed youths attain skills development in aquaculture and value addition technology in agriculture.

Last Month the Brazilian Company expressed interest to partner with Zambia in boosting the aquaculture industry.

Easy Development Company also intends to invest in internet connectivity, tourism and agribusiness technology.

This is according to a statement made available to the media in Lusaka yesterday by First Secretary Press and Public Relations at the Zambian Embassy in Brazil Grace Makowane

8 COMMENTS

  1. We do not need foreign Investors in Fish Farming or any other form of farming. What Mwamba should do is lobby the government to sponsor Zambians to go to Brazil and learn the technologies with a view that these Zambians will come back and implement the knowledge.

  2. This is an embarrassment and sheer laziness…surely why do we have IDC? Does this govt has any guidelines for these Ambassadors from Zambian Investment Agency

  3. Nooo, come on, look at the state of Brazil know, there is nothing happening in Brazil, so these investors are just glancing for a leeway to get into our country. if you look at brazil economy, by comparison, we are in the same dilemma and I don’t think the fishing investment will change any dynamic thing about our current economic status!! l can only agree 100% with my colleague who mentioned in the comment that it’s better to send our own ppl to brazil and learn the skill required and I don’t think there is that much to learn if anything on who to do fish farming, we have a lot of fishmongers in our country who can liaise with the system all we need is funding. Please dose it mean every single small project that we can do ourselves we have to enquire foreign expertise to do it for us,…

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