According to news from YemenObserver, Khalij al-Fil Company will also set up a center for preparing fishery exports and setting up a market to sell fish.
The agreement, signed by Fisheries Wealth Minister Mohammed Shamlan and chairman of company's board Mohammed al-Shayef, stipulated that the Ministry will prepare the economic, technical and environmental feasibility studies for the projects and its achievement stages according to the Investment Law.
Yemen's Shrimp and Finfish Project to Begin
YEMENI - The Yemeni government is prepared to establish fish and shrimp aquaculture project with a total cost of $16 million, according to memorandum singed by Ministry of Fisheries Wealth and Khalij al-Phil Company on Saturday.
