Investment Opportunities in Namibia's fisheries
Processing
Opportunities for processing of fish are available, particularly processing hake into frozen fish cuts, fish cakes, fish fingers and ready-made fish meals. Processing and export of horse mackerel - potential annual yield of more than half a million.
Ancillary and support industries
Provision of vessel maintenance services, supply of processing equipment, production of packaging material and fishing nets, and the provision of professional services like marketing and finance.
Sector:
Namibia’s 1 500-km coastline is recognised as one of the world’s richest. The country's estimated national fish reserves are reportedly
the biggest in southern Africa, and over 90% of the national output is marketed for export. The commercial biomass consists primarily of small pelagic species (pilchard, anchovy and juvenile mackerel) and lobster. Large pelagic species include adult mackerel and demersal hake. Mid and deep-water trawling for hake, horse-mackerel, monk and sole account for over three-quarters of Namibia's weighted fish output. Mariculture is a growing sub-sector and a few oyster farms and one seaweed harvesting enterprises are already well-established.
For further information on investment opportunities in Nambia contact the Namibia Investment Centre.
Mara Zaire
Deputy director, Investment Promotion Division
Namibia Investment Center
Email: zaire@mti.gov.na
Tel - +264 61 283 7347
