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Hebei Xinhai Biotechnology CO LTD.’s Visit to Gk Aqua Sdn Bhd and Discussion Session on Potential Investment in the Aquaculture Sector in Malaysia

Home » Activities » Hebei Xinhai Biotechnology CO LTD.’s Visit to Gk Aqua Sdn Bhd and Discussion Session on Potential Investment in the Aquaculture Sector in Malaysia

16 July 2024

The Department of Fisheries Malaysia represented by Mr. Luther bin Moghup @ John, Head of Freshwater Aquaculture Branch, Aquaculture Division, Mr. Kasim Bin Tawe, Director of Fisheries Negeri Sembilan, Mrs. Munirah Binti Zainol Abidin, Legal Advisor of the Department of Fisheries Malaysia, Mr. Ahmad Faizal Bin Mohamed Omar, Head of Investment and Consultancy Branch, Policy and Strategic Planning Division attended the discussion on the potential investment in the local aquaculture industry.

One of the key outcomes of this collaboration is the investment in Malaysia to develop a shrimp production facility that will leverage GK AQUA’s advanced management techniques and market access by Hebei Xinhai, which will improve the facility’s operational efficiency and productivity.

The facilities that will be developed will also generate job opportunities for locals in high-tech shrimp farming. In addition, Hebei Xinhai is also willing to buy all the shrimp produced, ensuring a stable and profitable export market.