New horse mackerel plant adds value to the - TopicsExpress

New horse mackerel plant adds value to the industry NAMIBIA Thursday, November 06, 2014, 01:00 (GMT + 9) A cutting edge horse mackerel processing factory has just opened at Walvis Bay with the support from the government, adding value to the local economy. The processing plant, which implied a NAD 160 million (USD 14.4 million) investment, is owned by Gendev Group Namibia shareholders, including Camoposatu Investment and Vernier Investment, New Era informed. “This was a large investment in the expansion of our land-based freezing capacity of horse mackerel (which was always done at sea), as well as the landing of fresh horse mackerel for shore processing,” remarked Gendev chairman Paul Illonga at the opening ceremony. molajaya-fishingwork/2014/11/new-horse-mackerel-plant-adds-value-to.html

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