Salim group to invest $1-mn to set up fish farm

Indonesia-based Salim Group will invest one million dollars to set up a fish farm in West Bengal.

KOLKATA: Indonesia-based Salim Group will invest one million dollars to set up a fish farm in West Bengal, in addition to projects worth several millions already announced, a senior minister said on Thursday.

The proposed farm is expected to produce one lakh tonnes of fish every year, state Fisheries Minister Kiranmoy Nanda said today, after a meeting with Salim Group's Chief Executive Beni Santoso.

He said the Fisheries Department would acquire 10,000 hectares at Amta in Howrah district for the proposed farm, which is expected to create about 30,000 jobs.

Another meeting would be held with the Salim group in the next eight to 10 days to finalise finer details of the project, he added.

Salim Group has already committed investments in a two-wheeler plant, health city and knowledge city projects in the state.
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