New economic data has revealed the increasing importance of salmon farming to the economy and an extremely high level of confidence within the sector. Entitled ‘Scottish Salmon Farming – Industry Research Report’, the survey highlights the creation of 234 new jobs, UK£29.5million capital investment and UK£296 million expenditure on suppliers and services, as well as an extremely positive economic mood in the inaugural Salmon Business Confidence Survey.
Completed by 95 per cent of salmon production, the industry representative body Scottish Salmon Producers' Organisation (SSPO) has said the research is an authoritative measure of the increasing economic contribution made by salmon farmers. Scott Landsburgh, Chief Executive of SSPO said: “The research results are a major boost for the sector and the remote, rural communities that depend on a successful, sustainable and profitable salmon industry.
“The sector is enjoying an upward trend. The contribution to the economy is increasing in many ways. For example, over the last three years there has been a 55 percent leap in the direct value to communities through the rising contribution of salaries, which was bolstered by the creation of 234 new jobs in the last year,” added Mr Landsburgh. Read more...
This blog is written by Martin Little The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.