Company remains committed to Placentia Bay project
Grieg NL’s Per Grieg told an audience in Marystown last week his company is planning to remain in the area long term.
Per Grieg, chair of Grieg NL, spoke about the recent delays to the company’s aquaculture project in Marystown during a meeting held at St. Gabriel’s Hall on Aug. 2.
In mid July, Newfoundland and Labrador Supreme Court Justice Gillian Butler ordered the province to get a full environmental impact statement from Grieg NL, for its proposed project in Marystown. Grieg told The Southern Gazette following the meeting that he is unsure how long the project could be delayed while awaiting an environmental impact statement (EIS).
“I don’t think anybody really knows, because we feel we have done an Environmental Impact Study already,” he said. “We have done all that work that has been asked (of) us, and now we are ready to start.”
Grieg said the company has a design for the proposed hatchery, and the site is ready.
“We even have the financing, so we want to start doing, we want to start hiring…”
Grieg said the ruling from the court puts things at a standstill until a resolution is found.
“I cannot believe . . . this ruling that temporally has stopped a little bit of the progress in the project will stand,” he said. “We believe things will change but we don’t know . . . there is always a process risk here.”
Grieg reiterated the company is committed to investing in the area.
“We are here long term,” he said. “This is a long-term investment, a long-term industry . . . the production cycle is three years and you learn a lot during the first three to four production cycles, so you will not be educated here before we have been here at least 10 years.”
Per Grieg, chair of Grieg NL, says the company is looking forward to being in the community for the long term.