Thursday, February 3, 2011

New Zealand Government backs mussel project with $26m

A Government-backed mussel-breeding project aims to boost industry earnings by nearly NZ$250 million. The NZ$52.1 million project by Shellfish Production and Technology New Zealand (SPATnz) has been given NZ$26.1 million of funding over seven years by the Government's Primary Growth Partnership.

SPATnz is a collaboration by Sanford, Sealord Group and Wakatu Incorporation aiming to domesticate the New Zealand greenshell mussel. Toni Grant, chairwoman of the SPATnz steering group for the bid, said "it would enable the biggest development in the industry since the start of long-line mussel farming nearly 40 years ago".

"This project will revolutionise the industry by domesticating the mussel and developing selectively bred, high-value product," Grant added. "It will create in excess of 1000 new jobs and add up to NZ$230 million per year to the New Zealand economy at the completion of the project." Read more...

This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.

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