Aquaculture facility poised for wave of demand
AQUACULTURE in Queensland continues to thrive, with the expansion of the Gold Coast Marine Aquaculture facility at Mossman.
Officially opening the new facility on behalf of Premier Annastacia Palaszczuk, Minister for Agricultural Industry Development and Fisheries, Mark Furner, said the global aquaculture industry was valued in the hundreds of billions of dollars, and Queensland was well placed to take advantage of the opportunities on offer.
“Overseas, aquaculture is rapidly overtaking the wild caught fishery in value,” Mr Furner said.
“In Queensland the industry is valued at $120 million, with the production of prawns making up the lion’s share of this figure.”
Mr Furner said Gold Coast Marine Aquaculture is expanding its local operations to target these opportunities.