The Ministry of Economy and Commerce has floated tenders for a project to set up three fish farms in floating cages in deep sea in the northern part of the country.
Part of the national food security programme, each farm is required to produce at least 2,000 tonnes of fish annually and the production should reach peak capacity within 36 months from the date of signing the contract.
Tender for establishing a separate aquatic farm for prawns in Al Arish coastal area with an annual capacity of 1,000 tonnes has also been floated.
The deadline for receiving the application for the entry in the tender for the aforementioned projects is July 11, 2017.
The Technical Committee for encouraging the private sector to participate in the economic development projects at the Ministry has floated tenders for aquaculture and fish farming projects.
The initiative aims at increasing self-sufficiency in all sectors related to food security. The projects will help increase the local production of fish and reduce gaps between supply and demands in the local markets. The project is also meant to supply high quality fish products on competitive prices.
A total of 270 hectare of sea space has been allocated for these projects with 90 hectares for each fish farm. In addition, a plot of land over an area of 10,000 sqm has been also earmarked for each project to build service centres for the farms.
The project for establishing a separate aquatic farm for prawn in Al Arish coastal area that will be spread over 111 hectares is required to produce 1,000 tonnes prawns annually and the highest capacity should be reached with 42 months from the date of signing contract.
The projects are being implemented by the Ministry of Economy and Commerce in collaboration with the Ministry of Municipality and Environment.
