US based Darden to invest RM1bil in world’s first integrated lobster aquaculture park in Sabah


PETALING JAYA: Darden Aquasciences Sdn Bhd, a subsidiary of US-based Darden Restaurants Inc, will pump in some US$300mil (RM1bil) to join forces with two Malaysian companies to develop the world's first integrated lobster aquaculture park, or iLAP, in Sabah under a US$600mil (RM1.86bil) deal.

The two Malaysian companies are Ever Nexus Sustainable Seafood Sdn Bhd and Inno Fisheries Sdn Bhd, a subsidiary of Yayasan Sabah Group.

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