Investment certainty needed to hit goal

NEW ZEALAND - Reaching a $1 billion-plus target for aquaculture exports by 2025 will require support from regional councils, particularly in the upper North Island, says the Aquaculture Council.</b> <br><br> The target - which the council says is modest - is part of a new industry strategy which has strong backing from the Government. <br><br> &quot;We&#39;ve just got to get the regional councils on board&quot;, said aquaculture council chairman Callum McCallum, a director of Clevedon Coast Oysters. <br><br> Five years ago, a goal of having exports worth $1 billion by 2020 was set. But because of a moratorium from 2001 until last year on new farms, the date has been shifted back to 2025. <br><br> The Government and the industry are now focusing on getting the Northland, Auckland, Waikato and Bay of Plenty regional councils to establish aquaculture management areas. <br><br> <i>Source: New Zealand Herald</i>

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