Trout Farming in Peru: The Lake Titicaca Decision
5 pages (1250 words)
, Case Study
First, Joaquim was faced with the challenge of huge financial requirement, considering that he realized that the existing fish processing plant could not work, and therefore he needed to establish a new fish processing plant (Wesley, 9). The previous attempts made to commercialize the Lake for fisheries had all failed, and Joaquim realized it was not different for him, considering that the existing fishing plant could not meet the long term needs of PISCIS, and therefore more finances, running to millions of dollars were required to establish a new processing plant (Wesley, 1).