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Marco Fishing Factory nearing completion at Lüderitz

Expansion will result in additional job creation in excess of 100 people.
NAMPA
Marco Fishing (Pty) Ltd has been working hard on their expansion plan for their Lüderitz factory.

The construction project for the factory upgrade, being one of the two expansion components, is nearing completion. The other, the newly built longline vessel, M.F.V. Meka Bay, has already been fishing during the past season.

The new factory and related processing capability, as well as the new vessel will result in additional job creation in excess of 100 people.

Since the merger with Mekarilakha Fishing and access to a larger hake quota, the company made the decision towards end of 2016 to expand the factory.

“It has been a long and sometimes difficult and frustrating road to get us here, but we are very excited to see everything coming together and look forward to processing our first longline caught hake in the upgraded facility,” the chief executive officer of Marco Fishing, Kurt Laufer, said in a statement.

The factory upgrade involves the increase of combined factory floor space by some 950m². The almost-double-in-size factory will provide much improved processing capability with the installation new filleting and skinning lines, as well as an IQF (individual quick freezing) spiral freezer.

With this Marco Fishing (Pty) Ltd is further re-emphasising its commitment to the regional development and specifically investment in Lüderitz, the statement reads.

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Namibian Sun 2024-04-27

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026