Fish farm­ing com­mu­ni­ties in the money

Fish Farmer - - European News -

NOR­WAY’S re­mote coastal com­mu­ni­ties are reap­ing huge sums of devel­op­ment money from the coun­try’s Aqua­cul­ture Fund, re­cent of­fi­cial fig­ures sug­gest.

Small towns with fewer than 5,000 peo­ple have been handed amounts nor­mally be­yond their dreams, with one re­ceiv­ing more than 100 mil­lion kro­ners (around £9.2 mil­lion).

The to­tal dis­tri­bu­tion of Aqua­cul­ture Fund money from the most re­cent round of li­cences granted to salmon farm­ing com­pa­nies has to­talled at least 2.3 bil­lion kro­ners (£213 mil­lion).

And this is on top of the ad­di­tional em­ploy­ment and eco­nomic ben­e­fits the new fish farms will bring in their wake.

Cur­rently top of the list is the Frøya mu­nic­i­pal­ity in the Trøn­de­lag re­gion, one of the main fish farm­ing ar­eas.

The town has just 4,900 in­hab­i­tants, but it has been handed NOK 103 mil­lion to help fi­nance its fu­ture devel­op­ment.

An­other com­mu­nity, Smøla in the Nord­møre re­gion, with a pop­u­la­tion of 2,100, has net­ted NOK 44 mil­lion (£4.1 mil­lion).

Mean­while, the slightly larger mu­nic­i­pal­ity of Møre og Roms­dal will re­ceive NOK 190 mil­lion (£17.5 mil­lion).

Geir Ove Yst­mark, chief ex­ec­u­tive of Seafood Nor­way, said the fund was giv­ing sig­nif­i­cant sums of money to many coastal com­mu­ni­ties.

‘The seafood in­dus­try wants strong and ro­bust lo­cal com­mu­ni­ties, and the Aqua­cul­ture Fund now shows that the mu­nic­i­pal­i­ties re­ceive cash as promised.

‘This also shows that it is not nec­es­sary to in­tro­duce new spe­cial taxes on aqua­cul­ture com­pa­nies.’

But Har­ald T. Nesvik, Nor­way’s new fish­eries min­is­ter, has told lo­cal politi­cians that they should not ex­pect such large sums ev­ery year. The Aqua­cul­ture Fund was es­tab­lished in 2016, when the Oslo gov­ern­ment de­creed that those com­mu­ni­ties where fish farms are based should ben­e­fit di­rectly from any new growth plans. The first pay­ment, to­talling NOK 60 mil­lion, was made last year.

The coun­try’s fish farm­ers spent tens of bil­lions of kro­ners at auc­tion over three days in June this year, buy­ing new salmon pro­duc­tion li­cences.

Li­cences ca­pa­ble of pro­duc­ing 15,000 tonnes were up for auc­tion and two thirds of that al­lo­ca­tion was snapped up in un­der two days.

Har­ald T. Nesvik

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.