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Cooke Aquaculture Shows Confidence in Chile

CHILE - The executives at Cooke Aquaculture estimates Chile's salmon farming industry will recover from the impact caused by the outbreaks of infectious salmon anaemia (ISA), which struck in 2007.

Even though the industry is facing the consequences of the ISA virus - sanitary and labour problems in the form of salmon infection and death, and mass layoffs, respectively - the Canadian firm claims it feels safe in the Region of Aysen, and is planning new acquisitions, reports FIS.

In late 2007 it bought the salmon firm Cupquelan and is now studying other investments, says the FIS news report.

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