February 7, 2007

Malaysian company to breed fish at Kenyir Dam

A Malaysian company based in the state of Negri Sembilan has responded promptly to the government's call for the private sector be more involved in the National High Impact Aquaculture Industry Zone (ZIA) project.

T. Bitara Sdn Bhd of Oakland Commercial Park in Seremban would introduce state-of-art technology from China and Japan in freshwater fish breeding at Kenyir Dam in the state of Trengganu soon. 

The company's chief executive officer Herman Nyam said the multi-million-ringgit project, a joint venture with a foreign company, was expected to be initiated after the Chinese New Year celebrations in mid February.

Nyam said the company felt Trengganu was a suitable place for the investment as the state was both investor and business-friendly.

As the company is deploying new technology, it cannot afford to have red tape imposed, especially in the licensing process, Nyam said.

Nyam said the company's fish project at Talang Dam in Negri Sembilan had favourble yields since it was started five years ago.  The fish products there are now exported to China, Japan, Taiwan, the United States and India.