Horoirangi is the brainchild of Wakatu Incorporation, a collectively owned Maori business based in Nelson, reports TheMarlboroughExpress.
The Horoirangi plan is to blend science and innovation to add value to New Zealand's seafood exports.
Based in Wellington and Motueka, Paul Morgan is chairman of Wakatu Incorporation, managing director of the Federation of Maori Authorities, and of Fomana Capital.
According to TheMarlboroughExpress, Wakatu is spearheading a region-wide drive for a $10 million grant from the New Zealand Ministry of Economic Development regional partnerships fund towards the $40,000 establishment infrastructure.
The proposed aquaculture research institute in Nelson will include laboratories, commercial hatcheries, nurseries, aquatic land-based research ponds and education facilities.
Horoirangi chief executive Keith Turner told TheMarlboroughExpress, "We are going to translate that intellectual capital to demand premium prices for New Zealand seafood products".
Centre for Seafood and Aquaculture Planned
NEW ZEALAND - Maori business leader Paul Morgan, head of Wakatu Incorporation, expects a government decision in November about whether it will co-finance the Horoirangi Centre for Seafood and Aquaculture Innovation.
