Australia: NSW aquaculture industry targets $300 million future

The New South Wales Government aims to double the farm gate value of the NSW aquaculture sector to $300 million by 2030 through innovative research, investment in breeding programs, and water quality improvements. The NSW Aquaculture Vision Statement, launched at the national Oyster Industry Conference, outlines a collaborative approach between industry and government to enhance seafood production, develop bioproducts, and adapt to climate change. Key initiatives include a detailed roadmap, investment in research facilities, and financial support for businesses affected by natural disasters and diseases. The oyster sector, a significant contributor to the industry, has seen substantial growth and is committed to environmental protection. The government and industry leaders emphasize the importance of innovation and collaboration for future growth.

NSW aquaculture industry targets $300 million future. The New South Wales Government in Australia has committed to working with industry to double the farm gate value of the NSW aquaculture sector to $300 million by 2030 through innovative research, continual investment in breeding programmes and a commitment to water quality improvements. The launch of the NSW Aquaculture Vision Statement, which outlines an overarching approach to the development of the State’s aquaculture industries, came as more than 300 state, interstate and international delegates attended the national Oyster Industry Conference in Port Macquarie. The Vision Statement is a joint industry and government initiative built on a shared approach to seafood production, developing bioproducts and climate change adaptation. Key to delivering a doubling in the farm gate value of the NSW aquaculture industries will be industry and government supported initiatives including: The Government and industry will develop a ...