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CEEC Puts Up K1.7 Million Hatchery In Luapula

Luapula Province Permanent Secretary (PS) Felix Phiri says there is need of restocking the water bodies in Luapula Province with fish.

Dr Phiri says most of the fish stocks in the water bodies in the province is depleting hence, the need for restocking and venturing into fish farming.He said the people of Luapula have for so many years been dependent on fishing in the rivers and lakes but fingerings have been a challenge to find for restocking purposes.

ZANIS reports that the Permanent Secretary said this when Citizen Economic Empowerment Commission (CEEC) Director General, Likando Mukumbuta paid a courtesy call on him.

Dr Phiri stated that the coming of the CEEC Aquaculture Development project will bring development to the people of Luapula Province especially that the Province boasts of 40 percent of the water bodies in the Country which is good for fish farming and aquaculture.And Citizens Economic Empowerment Commission Direct General, Likando Mukumbuta says 22.5 million Kwacha will this year be invested in the aquaculture Development project in Luapula Province.

Mr Mukumbuta says the project will empower about 150 small scale fish farmers who will mainly be women, youths and the people living with disabilities.He said 80 percent of the loans will be given without collateral to ensure that the women, youths and persons living with disabilities access the funds.The drive to boost the aquaculture sector has seen Citizens Economic Empowerment Commission (CEEC) approving a K1.7 million loan for setting up a hatchery in Luapula Province.Si Gold General Dealers, a local firm that won the tender to set up a hatchery in the province, will have a production capacity of 1.2 million fingerlings monthly.

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