The launch of Assentoft Aqua Asia in Singapore, we believe this would herald the start of many more land-based RAS farms in Asia.
PRESS RELEASE | Launch of Assentoft Aqua in Asia
Wednesday, July 01, 2020, 08:20 (GMT + 9)
Europe’s leading Aquaculture Technology Solutions (RAS) company expands its presence in Asia
In response to rising customers’ demand and enquiries, Assentoft Aqua A/S - Denmark, is pleased to announce the setup of their Asia operations as part of their global expansion plan. Assentoft Aqua Asia Pte Ltd will be based in Singapore.
The recent Covid 19 pandemic has grossly exposed the gaps and weaknesses of our global supply chain which has exacerbated the threat against our food security infrastructure. Coupled with dwindling numbers of wild captured fishery globally which is now a known fact, it is a matter of time before our ocean resources are depleted. The future of food fish production has been shifting and will ultimately move towards land-based aquaculture. Asia is the world’s largest aquaculture producer and the launch of Assentoft Aqua Asia could not have taken place at a better time than this.
Photo: Assentoft Aqua A/S
“The decision to choose Singapore as the location for the launch of our Asia base was a natural choice as entering any of the markets in Asia for the first time will be extraordinarily exciting for any business. The challenges will be immense but so will be the rewards. We believe that Asia will be the next epicentre for Aquaculture growth and Singapore is strategically located in the heart of Asia and is the ideal spring board for entry into the Asia market including mainland China” – Said Mr. Peter Damgaard Nielsen - Chairman, Assentoft Aqua Asia.
The team at Assentoft Aqua has been involved in RAS development since the very beginning of the recirculation aquaculture industry, thus learning from both successes and failures from existing plants, including salmon plants.
Assentoft is second to none in having the lowest possible footprint RAS that saves space, pipes, buildings etc, rapid installation time by using steel tanks as our basic component, having the best available water treatment within the industry, low investment per produced ton of fish and deep knowledge about salmon, trout and tropical pelagic fish production in land-based RAS-systems
Photo: Assentoft Aqua A/S
We are also pleased to announce the appointment of Associate Professor Matthew Tan as the Chief Executive Officer, Asia and Director of Assentoft Aqua Asia Pte Ltd.
A/Prof Tan is a veteran in the aquaculture industry and is probably no stranger to many of you. He was previously the Chief Executive Officer and Director of Oceanus Tech Pte Ltd, which is a wholly owned subsidiary of Oceanus Group Ltd – One of the world’s largest land-based aquaculture company which is listed on the main board of the Singapore Stock Exchange. He was also previously the Chief Risk Officer and Chief Technology Officer of the holding company (from Sept'13 to Oct'17) and was responsible for the development of Oceanus Group's risk management framework and farms' operational protocols and oversaw the development and implementation of the company farm’s bio-security plan. This includes the validation & adoption of sustainable technologies, implementation of water monitoring system, animal nutrition & feed formulation and use of Recirculating Aquaculture technologies in their farms and was part of the team that successfully restructured the company and bringing the company to its first profitability in 2017.
A/Prof Tan is also Singapore Representative (Private Sector) to APEC Policy Partnership on Food Security and Co-Chair for Sustainable Development in Agricultural and Fishery sectors where he co-ordinates discussions between senior officials, APEC governments and the private sector on the use of technology and combined resources for Sustainable Development in the Agriculture and Fishery Sectors.
Photo: Assentoft Aqua A/S
He is also currently holding the joint appointment of Adjunct Senior Research Fellow and Associate Professor (Aquaculture) with the Centre for Sustainable Tropical Fisheries and Aquaculture (CSTFA) - College of Science and Engineering - James Cook University, Australia.
He brings a valuable wealth of experience to Assentoft and will be supporting our pipelines of RAS projects (both Salmon & Tropical Pelagic) in Asia plus responsible for the setup of Assentoft Research & Development centre in Singapore.
With the launch of Assentoft Aqua Asia in Singapore, we believe this would herald the start of many more land-based RAS farms in Asia.
Quote from Royal Danish Embassy Singapore – Ambassador Dorte Bech Vizard
“Denmark is known for high quality and sustainable food production and is a leading exporter of food and food technology worldwide. Throughout the Danish food production chain, you can find innovative, new solutions to global climate challenges for a world that soon has to feed 9 billion people. With Singapore’s growing focus on food security and sustainability, new opportunities are arising for Danish companies to be part of Singapore’s food story. As the newest member of the family, I am pleased to welcome Assentoft Aqua to Singapore”.