The enterprise is one of Africa's biggest fish farms, producing more than 50 tonnes of tilapia daily and creating more than 5,000 jobs for the locals.
As part of the efforts to transform and improve transport in the lake, the President also inspected the Homa Bay pier which is set to undergo rehabilitation.
In its heydays, the pier was a frontier for lake tourism and trade.
The government envisions reviving it alongside Kendu Bay and Asembo Bay, with Kenya Ports Authority planning to purchase a Sh600 million ship to revive lake transport.
Homa Bay Governor Gladys Wanga appealed to President Ruto to boost the security of fishermen in Lake Victoria by deploying more security officers.
Wanga said the Kenya Coast Guard Service officers should be empowered to enhance their efforts in safeguarding Lake Victoria.
"The security of fishermen in Lake Victoria is key and should be enhanced by empowering our security officers who man the lake," Wanga said.
Suba South MP Caroli Omondi said the Abasuba community had made a declaration to work with the government. "As the people of Suba, we have unanimously resolved to work with the government to enhance implementation of development in our region," Omondi said.
Omondi said the cooperation will address numerous development gaps which have existed in the region for long. "Suba region has lagged in development. This collaboration will transform the lives of many people here," Omondi said.
Later, Ruto launched the tarmacking of the Mbita-Sindo-Magunga-Sori road, accompanied by several MPs from Azimio la Umoja and Kenya Kwanza coalitions, and cabinet secretaries.
Today, the president will pitch a tent in Migori to unveil several projects.