Malaysian shrimp exporter Sunlight Seafoods wants to leave a legacy for the country’s future generations, which is why it is pairing up with the government to set up a MYR 1 billion (€248.7 million/$327.1 million) joint venture, its managing director Yu Woon Gin told IntraFish.

Inno Fisheries, a subsidiary of Malaysian government arm Yayasan Sabah Group, is partnering with Perak-based Sunlight to undertake large-scale shrimp farming in Pitas, Sabah, as part of the Malaysian government’s efforts to promote aquaculture as one of its engine of growths.

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