Sabah CM hails Pitas prawn project

20 Dec 2014 / 17:30 H.

    PITAS: The largest prawn project in Malaysia which is located here is something to be proud of because it will be a boon for the local community, said Sabah Chief Minister Sabah Datuk Seri Musa Aman.
    "I am confident this project will help raise the living standard of the locals as it will generate more than 3,000 jobs besides the spinover effects," he said when opening Pitas Shrimp Park here today.
    The mammoth aquaculture project is a government initiative through state subsidiary company Inno Fisheries Sdn in collaboration with Sunlight Seafood (Sabah) Sdn Bhd.
    The project which involves 1,500 ponds entails an investment of RM1.23 bilion with private investment amounting to RM963 million and funding from the National Key Economic Areas (NKEA) to the tune of RM268.2 million. – Bernama

    thesundaily_my Sentifi Top 10 talked about stocks