Infos Business of Friday, 17 June 2016

Source: businessincameroon.com

Agropoles project to triple fish production in South region

Fish pond Fish pond

FCFA three billion. This is the financing that the Cameroonian government is looking to commit to the Agropoles Project, and fish farmers in the Mvila and Ntem Valley departments, in South Cameroon, in order to boost the production of freshwater fish in the two production areas.

Thanks to a support representing 35% of the global amount of investments, we learned on 10 June 2016 during the signing of an agreement between the different parties, this project steered by the Ministry of Economy plans to bring the fish production in the Southern region from a little over 420 tons currently to 1,500 tons, with 800 tons in Ntem Valley and 700 tons in the Mvila.

Created by the government to boost the local production and limit imports of foodstuffs on the Cameroonian market (fish imports officially cost approximately FCfa 100 billion per year), the Agropoles Project is also meant to create income-generating activities in the rural areas of the country.

Since its launch, several maize, pineapple, fish, egg, pig, honey, soya, etc. production agropoles have been initiated in Cameroon.