IFG to build frozen-fish plant

In the first week of August 2008, Investment Fishing Group (IFG) will begin to construct its first frozen-fish plant on a site measuring 20,000 square metres in southern Pisco, Peru. The plant will cost US$14mil but will boast a processing capacity of 100 m tons per day and storage space of 4,000 m tons of mackerel. IFG will later look to double storage space and quadruple processing capacity, says general director Santiago Freundt. The firm will be adding to its fleet.

Publication: SABI - Business News
Provider: South American Business Information
Date: July 18, 2008