A N$70 million fish processing plant has been inaugurated by Fisheries and Marine Resources Minister Derek Klazen at Walvis Bay.

The factory is the third one that the Merlus Group of Companies has set up in the harbor town.

According to the Merlus Cormorant Fishing Director, the journey of building a factory started years ago, when he merely used to buy and resell fish from his garage.

Soon after, Julio Lloves teamed up with other small companies and bought a vessel where fish was processed offshore.