Set up under the East Coast Economic Region’s fish-farming initiative, the eight hectare farm, a joint venture between Majuikan and Mytrans Holding Sdn Bhd, will be known as MyIkan and is designed to produce 500 tonnes of fish a year.
The system uses technology from Norway and is an eco-friendly, closed-water recirculating fish farm using latest aquaculture technology, according to a report in The Star.
LKIM director-general Datuk Mustafa Ahmad told The Star the farm would be fully operational by the end of the year with the first harvest expected in June next year.
"The farm is being developed in two stages. The present phase is on fish production while the second phase will see the development of a hatchery and a post-harvest processing centre.
"The construction of a grow-out farm is expected to be completed in August," he said.
He said that MyIkan was 100% Malaysian-owned but operated on Norwegian technology.
The Norwegian experts have been brought in to design, test and run the farm for a certain period as a part of the technology-transfer process.
The farm would have selected marine species such grouper, which was sold locally and abroad.
Eco-Friendly Fish Farm for Pekan
MALAYSIA - A RM10mil eco-friendly fish farm has been established at Pekan by Majuikan Sdn Bhd, which is wholly owned by Lembaga Kemajuan Ikan Malaysia (LKIM).