Forty tonnes of shrimp

Home >> Daily News >> Brunei News >> Agriculture >> Forty tonnes of shrimp

NEWS UPDATES

Asean Affairs 23 October 2010

Related Stories

June 22, 2010
Lobster project in Brunei

June 8, 2010
Correct halal certification sought

KOPERASI Perda DTB and M&G Sustainable Aquaculture signed a Memorandum of Understanding (MoU) yesterday to develop a shrimp aquaculture business with production targets of 25 to 40 tonnes set to begin in 2011, which will be sold to Hong Kong, Taiwan and China. Under the MoU, M&G Sustainable Aquaculture will also collaborate with another Bruneian company, TransGlobal Aquaventure Sdn Bhd to provide the technology and system for the production of Rostris shrimp in intensive farming, training, farm management and technology know-how, a press statement from M&G said. Signing the MoU on behalf of Koperasi Perda was its Chairman, Suni Haji Sulaiman and Muhkriz represented M&G.

The statement also said that M&G will also provide "contract farming" to Perda, whereby all produced shrimp will be bought-back at an agreed market price as stated in the MoU. "The shrimp project for Perda will be expected to take-off by 2011, once all feasibility studies, verification and prototype system have been completed by M&G," the statement added

Reach Southeast Asia! 10- Nations, 560- Million Consumers And $1 -Trillion Market
We are the Voice of Southeast Asia	*Media Kit*
The only Media Dedicated to Southeast Asia	*Advertising Rates for Magazine*
	*Online Ad Rates*
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to your.views@aseanaffairs.com
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited

or
submit your comment in the box below