A Matter of Fact

THE planned fish farm at the Naute Dam in the Karas Region will cost around N$20,5 million and not N$2,5 million as reported in The Namibian of Wednesday, June 23.

Naute Aquafarms spokesman Benedictus Stephanus said the International Development Institute of the World Bank has indicated an interest in buying a 25 per cent stake and was willing to pump in 50 per cent of the required capital. The Naute Aquafarms envisages exporting 500 tons of fish to European markets annually.Local sub-contractors will construct the infrastructure at the farm under the watchful eye of BKS Construction and Engineering based in South Africa.The Naute Aquafarms envisages exporting 500 tons of fish to European markets annually.Local sub-contractors will construct the infrastructure at the farm under the watchful eye of BKS Construction and Engineering based in South Africa.