Detroit earmarked for $30 million eel farm

Plans to establish a $30 million eel farm in Detroit have been unveiled by Aqua Vida Aquaculture.

The Florida-based start-up has been working to establish a commercial eel farm in the United States for more than four years, according to the Detroit Free Press.

The facility would be the first commercial farm producing eels for human consumption in the US

Company founder, Kit Munday, told the paper that – if they can raise the necessary capital – the facility will produce farm-raised, African longfin eel and American eel for customers in the US, Europe and Asia, using in a recirculating aquaculture system (RAS). The project, he says, could create 25 jobs.

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