Terengganu: Biggest hub for Barramundi

The Fish Site
by The Fish Site
3 September 2007, at 1:00am

MALAYSIA - A memorandum of understanding (MoU) has been signed that could make Terengganu the biggest hub for barramundi prodution in the Asean region. It has the potential to export the fish to Europe and the Americas.

The MoU was signed by Terengganu Agrotech Development Corp Sdn Bhd (TADC), a Terengganu government subsidiary, and Cell Aquaculture Ltd of Perth, Australia. It was witnessed by Agriculture and Agro-based Industry Minister Tan Sri Muhyiddin Yassin.

The project would be developed by TRG Cell Sdn Bhd, a joint-venture subsidiary of the two companies, on a 5.5-hectare marine culture centre in Tanjung Demong, Besut, in November under the Recirculating Aquaculture System (RAS) concept.

TADC Executive Director Ir Adnan Ghazali said the project would be undertaken with technology specially brought in from Australia by Cell Aquaculture, a company listed on the Australian Stock Exchange that has developed the RAS and expanded its business to Europe and the Americas.

"We expect the technology to be brought in fully by the middle of December. Under the first phase, we will import the Barramundi fish fry from Australia.

The general manager of the Terengganu State Economic Development Corporation and chairman of TRG Cell Sdn Bhd, Dato' Hj Zakaria Awang, said the injection of funds and the success of the project would "be an employment and economic driver that will put Terengganu State on the world map as a major aquaculture centre".