Summary

"The fish cold storage facility project, valued at $7.5 million, aims to enhance fish quality, reduce spoilage, and extend shelf life in Homa Bay County. Strategically located in Mbita, Suba North-Sub County, near established aquaculture projects, the facility will cater to both local and international traders. Unlike small-scale ice storage cooperatives, this facility will incorporate advanced technology to ensure hygienic processing and minimize contamination risks, improving efficiency and boosting market value. The investment covers land acquisition, construction, equipment, and working capital, with a strong focus on sustainability and profitability. By aligning with market demands, the project will elevate Homa Bay’s fish and seafood industry, securing higher returns for investors. Positioned to serve the growing need for quality fish storage, the facility will also contribute to expanding market reach, benefiting fishers and traders across the Lake Victoria region. Beyond economic growth, the project will generate jobs in both construction and operation while improving income for fishers through better market access. It will also promote sustainable fishing practices through education and training, ensuring long-term environmental conservation. By enhancing food safety and security, this initiative stands out as a transformative and socially responsible investment in the evolving fish industry."

Fisheries

Fisheries

Equity Investment

7500000

USD

Startup

Homa Bay