INVESTMENT BENEFITS ASSIST THE DEVELOPMENT OF THE FISHERY INDUSTRY

The signing of a memorandum of understanding Kedah Integrated Fishery Terminal (KIFT) 2.0 project between Menteri Besar Kedah Incorporated (MBI Kedah) and Lu Haifeng Development Sdn Bhd.

Chief Minister of Kedah, Dato’ Seri Haji Mukhriz bin Mahathir present at the signing of a memorandum of understanding Kedah Integrated Fishery Terminal (KIFT) 2.0 project between Menteri Besar Kedah Incorporated (MBI Kedah) and Lu Haifeng Development Sdn Bhd at Wisma Darul Aman today.

Kedah Integrated Fishery Terminal (KIFT) 2.0 project, a joint-venture between the Kedah government and Lu Haifeng Ltd, a company based in Qingdao, China, will attract more foreign investments to Kedah and Malaysia.

According to Chief Minister of Kedah, Dato’ Seri Hj Mukhriz bin Mohamad, world-class aquaculture and technology brought in for the project will encourage the growth of the fishery industry. The terminal base for tuna fishing boats operating in the Indian Ocean, and would be located at Kuala Kedah, Kedah.

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