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Cash Boost for Bay of Plenty Aquaculture


NEW ZEALAND - Eastern Bay of Plenty is to receive NZ$104,000 from the New Zealand Trade and Enterprise and the Regional Governance group to boost aquaculture in the region.

These funds will be used to help establish a regional aquaculture organisation and to develop a region-wide profile of the emerging aquaculture industry and future infrastructure according to VOXY.

Mayor of Opotiki John Forbes told VOXY: "Aquaculture will have an huge impact on the economic wellbeing of the Eastern Bay of Plenty - in fact, the wider region will feel significant gain as the industry grows.

"Having gained consent to establish a 3,800 hectare marine farm we now need to be sure we are using it to the best advantage. Marine farming is relatively new to New Zealand and we have a lot to learn. The Bay of Plenty aquaculture organisation will work to pull all the information together and help us reach the target of NZ$250 million generated through aquaculture by 2015."

The aquaculture organisation is also to help in the development of the Opotiki Harbour which is linked to teh development of the marine farm.