Multi-million dollar croc project on cards

The Zimbabwe Development Trust, in partnership with a private consortium, is embarking on an ambitious Crocodile farming project at Nuanetsi in Mwenezi.

Crocodile handbag
Crocodile handbag

At optimum production capacity, they intend to be the biggest crocodile farm in the world with a production capacity of 600 000 crocodiles – targeting lucrative European markets.

The details of the project were revealed at a recent agriculture workshop held by the Mandi Rukuni seminars in Harare.

In his presentation titled: The Freshwater aquaculture sector in Zimbabwe, Garikaimose Tongowona, Programmes Officer for Aquaculture Zimbabwe, said the sector was doing well.

The development of the Lake Harvest Aquaculture Farm on Lake Kariba, a multi-million investment in the farming of the tilapia fish breams, had been highly successful he said. The farm has penetrated the European as well as regional markets, and was currently producing close to 10,000 tonnes of fish a year, with a target of 20,000tonnes by

2013.

Tongowona says that, regardless of the present inconsistencies and lack of a

clear roadmap for the fish industry, the prognosis for growth of the aquaculture sector, locally, across species and systems, appears very positive.

"Demand projections suggest greater output and value in most subsectors, warranting a firmer role GDP wise," he said.

The value of the sector is such that many enterprises are likely to strengthen their positions and in changing economic, trade and environmental conditions, national

interests in competing in wider markets are also likely to increase.

"Great job creation opportunities abound in a country endowed with great bio-technical factors of production.

With government prioritisation, only the sky will stop this sector," Tongowona added.

Post published in: Business

Leave a Reply

Your email address will not be published. Required fields are marked *