€ 1.5m boost for Ir­ish ven­tures

Fish Farmer - - News European -

FIVE Ir­ish fish pro­cess­ing and aqua­cul­ture com­pa­nies in the Done­gal re­gion are to re­ceive al­most

1.5 mil­lion to help their busi­nesses grow.

The fund­ing (to­talling 1,492,002) was an­nounced last month by the gov­ern­ment chief whip, Joe McHugh, who said: ‘I am de­lighted to an­nounce that Done­gal has re­ceived a huge in­vest­ment boost from the gov­ern­ment and the Euro­pean Union to sus­tain and de­velop the hugely im­por­tant seafood and aqua­cul­ture in­dus­try in the county.

‘Done­gal is leagues above other parts of the coun­try when it comes to seafood and aqua­cul­ture, and it is im­pres­sive to see such a strong back­ing for the growth of these in­dus­tries, both from our own gov­ern­ment and from Europe.’

The main re­cip­i­ents are: Done­gal Fish, which is re­ceiv­ing

881,542 as part of an over­all in­vest­ment of 2,938,474 for an IQF fil­let­ing pro­duc­tion project; Ocean Farm, which is to get 282,908 as part of a 707,270 project for the up­grade of salmon farm tech­nol­ogy, plus a fur­ther 1,925 to­wards or­ganic cer­ti­fi­ca­tion. Ra­coo Shell­fish is to re­ceive 184,750 as part of an over­all in­vest­ment of 461,876 for the con­struc­tion of an oys­ter grad­ing fa­cil­ity; Atlantic Blues­tack Oys­ters has re­ceived 31,859 as part of an over­all in­vest­ment of 79,647 for phase one of the de­vel­op­ment of an oys­ter farm.

Fi­nally, Jade Ire­land Seafood has been granted 38,925 as part of an over­all in­vest­ment of

155,700 to de­velop mar­kets in China, Hong Kong and Tai­wan.

Above: Joe McHugh

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