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Govt sinks nearly $12m into salmon farming, aiming to increase exports

Author
Newstalk ZB,
Publish Date
Tue, 4 Mar 2025, 9:36am
Photo / Getty Images
Photo / Getty Images

Govt sinks nearly $12m into salmon farming, aiming to increase exports

Author
Newstalk ZB,
Publish Date
Tue, 4 Mar 2025, 9:36am

The Government's sinking just under $12 million into salmon farming. 

The five-year aquaculture investment will increase production and drive-up exports. 

It's estimating the extra support will create an additional $500 million of exports by 2035. 

Aquaculture New Zealand Chief Executive Gary Hooper told Andrew Dickens that's a conservative figure. 

He says when everything is up and running, there will be up-to 60-million tonnes worth of exports annually – pushing a billion dollars in value. 

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