Investors interested in tuna fishing in Mozambique

2 July 2014

Private foreign and Mozambican investors have shown interest in setting themselves up in Nampula province to focus on tuna fishing for export, said the provincial delegate of the National Fishing Administration.

Cited by Mozambican daily newspaper Notícias, Momade Juizo said that this interest was driven by an abundance of tuna, which if it were properly explored, would provide work for hundreds of people and revenue to the State.

Juizo also said that a total of 15 tuna fishing projects had recently been handed in to the provincial delegation by potential Mozambican and foreign investors from countries such as Indonesia, China, South Korea and Portugal.

Tuna is found along the entire Indian Ocean coastline but is most abundant in the districts of Memba, Nacala-Porto, Nacala-a-Velha, Ilha de Moçambique and Angoche.

The provincial delegate also told Notícias that recently representatives of companies that catch and process tuna and then sell it on the international market, particularly Japan, had visited the province and contacted the provincial delegation of the National Fishing Administration.

Nampula is currently benefitting from investments in the fishing sector estimated at around US$10 million by companies from China and Portugal to catch shrimp, lobster and grouper for export, as well as for construction of fishing vessels for development of semi-industrial fishing processes. (macauhub/CN/PT/MZ)