July 6, 2006

 

New Zealand group does feasibility study for fish farm venture

 

 

Scientists from the Norwegian Institute of Aquaculture Research, arrived in New Zealand Friday (Jun 30) to assess four potential fish-farming sites on the outskirts of Tauranga, New Zealand's sixth largest city. 

 

The report from the scientists would determine the location of a planned multimillion-dollar onshore fish farming industry that includes processing plants and advise suitable types of fish to be farmed there.

 

The report is meant for a planned joint venture between a group of Maori and Chinese to export fish such as crayfish and flounder to South East Asia and other markets.

 

The venture would combine the latest Chinese fish farming technology with undeveloped Maori land.

 

The feasibility study was funded by a grant from New Zealand Trade and Enterprise and Foundation for Research Science and Technology.

 

Akvaforsk, one of the world's leading aquaculture research institutes, was approached to conduct the study. The institute works on documentation, problem-solving and product development. Present projects include tilapia in the Philippines, rohu carp in India, and shrimp breeding in Hawaii and Colombia.

 

If results of the study are favourable, the working group would apply for government funding that could reach millions. 

 

The site chosen would not likely exceed four hectares. The fish and other seafood would be grown in covered concrete ponds.

 

A shed could have between 10-30 ponds and a pond could contain 1000 fish, all fed by pellets.

 

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