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Initiative to boost aquaculture

by 5m Editor
28 July 2006, at 1:00am

NEW ZEALAND - A new gameplan for aquaculture is being promoted by the Government as a billion-dollar sea change for the industry. Economic Development Minister Trevor Mallard today told the nation&#39;s fish farmers that instead of trying to boost income by expanding the size of their operation, they needed to learn to generate more value from each kilogram of fish. &quot;A key challenge in recognising the potential of aquaculture is the need for the sector to move further up the value chain, based on increases in productivity,&quot; he said. The average value of New Zealand&#39;s aquaculture harvest is $3/kg, compared to a value of $20/kg in Australia, where there is a greater focus on high-value finfish, such as kingfish, in addition to shellfish. <i>Source: New Zealand Herald</i>

5m Editor