Over the next decade, the WA aquaculture industry could be worth as much as AUD 600 million reaching their estimated production capacity
Western Australia invests USD 5 million to boost yellowtail kingfish aquaculture
Thursday, April 18, 2019, 01:20 (GMT + 9)
The Government of Western Australia is injecting AUD 7 million (USD 5 million) over the next three years to help fast-track the growth of the Mid West aquaculture industry and create thousands of regional jobs in this state.
The Department of Primary Industries and Regional Development (DPIRD - Fisheries) will oversee the construction of a state-of-the-art marine finfish nursery facility at the Batavia Coast Maritime Institute in Geraldton to breed yellowtail kingfish.
The juvenile kingfish will be supplied to existing and new commercial operators within the Mid West Aquaculture Development Zone to grow in open water farms using sea cages.
WA Fisheries minister Dave Kelly examines fish tanks at Batavia Coast Marine Institute in Geraldton. (Picture: Geoff Vivian, The Geraldton Guardian)
The aim of the nitiative is to help kick-start the industry to achieve its growth potential, create thousands of direct and indirect jobs and attract future capital investment.
DPIRD (Fisheries) will further support the development of the State’s aquaculture industry with ongoing research for nutrition, health and disease resistance for yellowtail kingfish.