Press briefing of Cabinet Decision taken on 2023-10-02

Providing facilities at the Oluwil Fishery Harbour to carry out fish processing activities by Tess (Pvt) Ltd.

- The approval of the Cabinet has previously been granted to provide facilities at the Oluwil Fishery Harbour to carry out fish processing activities by Tess (Pvt) Ltd. re-activating the fish processing plant which has been idle on the premises of the Oluvil Fishery Harbour. Accordingly, the proposal made by the Minister of Fisheries to provide the fish processing plant located at the Oluwil Fishery Harbour to Tess (Pvt) Ltd., on lease basis for a period of 10 years, subject to levying the relevant lease rental recommended by the Cabinet Appointed Negotiating Committee monthly, was approved by the Cabinet.