New aquaculture law may attract investments in Chile

 

 

The general manager of Marine Harvest Chile, Alvaro Jimenez, trusts in the recovery of the national salmon farming sector following the approval of modifications to the General Fisheries and Aquaculture Law (LGPA).

 

In his opinion, the new legislation will allow companies to have more financial support from banks, and he considers it likely that new investors will appear.

 

With respect to the projections for this year, Jimenez expressed that the late 2009 trend will continue, with low mortalities of Atlantic salmon.

 

-         Vaccine availability;

-         Lower densities;

-         Longer coordinated rest periods;

-         Smaller biomasses;

-         Navigational tracking;

-         Bio-security measures;

-         Better quality of smolts.

 

In terms of the present situation of Marine Harvest, fish are going to enter eight farming centres, of a total of 150 that the company owns, he commented.

 

The bill that modifies the LGPA was passed by 51 votes in favour, 21 against and 3 abstentions; and in the Senate by 23 votes in favour and 6 against, the same day.