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Aquaculture in demand

WA WAS touted to more than 3,000 delegates as a world class site for aquaculture development at the recent World Aquaculture ’99 international conference in Sydney.

WA is already home to Australia’s most successful and valuable aquaculture industry, the $150 million plus South Sea pearl sector.

Fisheries Minister Monty House said Fisheries WA provided an aquaculture investment package for potential investors at the conference.

“Foremost among an emerging aquaculture sector is the state’s first prawn farm at Exmouth, a $9 million venture that will seek to enter full production of 1,000 tonnes within three years,” Mr House said.

“Feasibility work is also continuing on a establishing a large-scale aquaculture development at Lake Argyle, farming barramundi.”

He said the government had invested $12.5 million for aquaculture planning and for developments in key WA regions since 1994.

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