18/10/2017: Australia’s strategy to double value of aquaculture industry by 2027

Developed by the Department of Agriculture and Water Resources for Australia, the strategy will be implemented for the ten year period between 2017 and 2027

The National Aquaculture Strategy sets out how Australia will achieve the goal to double the current value of their aquaculture industry to $2 billion a year by 2027. 

 

Image credit: Michael Coghlan on Flickr
(CC BY-SA 2.0)

Achieving an aquaculture growth target of $2 billion a year by 2027 will require strong collaboration between aquaculture industry participants and Australian, state and territory governments.

The National Aquaculture Strategy details the actions government and industry need to take to meet this target.

According to the Australian government website, “We developed the strategy in consultation with industry, state and Northern Territory governments, identifying eight priority areas to encourage new projects and grow existing businesses.”

Priorities identified in the strategy:

- Regulatory framework — removing unnecessary burden on business.
- Research, development and extension — maximising the benefits of innovation.
- Market access — developing and improving access to domestic and international markets.
- Biosecurity — understanding and managing risks to protect Australia’s aquaculture.
- Public perception — improving knowledge of aquaculture as a safe and sustainable industry.
- Environmental performance — identifying opportunities to adopt cost-effective strategies.
- Investment — encouraging and promoting investment in our aquaculture industry.
- Training and education — ensuring future employment needs are met.

For more information and to read the strategy, visit the website, HERE.

The Aquaculturists
This blog is maintained by The Aquaculturists staff and is supported by the
magazine International Aquafeed which is published by Perendale Publishers Ltd

For additional daily news from aquaculture around the world: aquaculture-news