European Union and Australian government provide boost for new aquaculture enterprise

Wednesday, 26 February 2014 15:23
The European Union and the Government of Australia have jointly helped support the first ever commercial mud crab business in Fiji.  The Crab Company of (Fiji) Ltd. started operating in 2011, and today it celebrated the launch of its new and improved farming and processing facilities in Navua.
The facilities are expected to help the business increase production and better serve the market demands for Fiji’s mud crabs.
The European Union-provided support came from the Increasing Agricultural Commodity Trade (IACT) project. This EU-funded initiative is a regional programme undertaken in 15 Pacific ACP countries and implemented by the Secretariat of the Pacific Community (SPC).
The Crab Company is also supported by the Australian Government through the Market Development Facility (MDF), its flagship program for private sector development in Fiji.
Speaking at the launch, both donors described the event as a significant development for the aquaculture industry in the country and applauded the company's progress since it began operations.
‘Through the IACT project, 42 enterprises are supported in order to modernise their operations, expand their business and create sustainable employment opportunities for the local communities.
http://www.spc.int/aquaculture/index.php?option=com_content&view=article&id=91:european-union-and-australian-government-provide-boost-for-new-aquaculture-enterprise&catid=15:articles&Itemid=33

See CTA work on Aquaculture
http://brusselsbriefings.net/past-briefings/fish-farming-the-new-driver-of-the-blue-economy/

Reader on Aquaculture
http://brusselsbriefings.files.wordpress.com/2013/07/cta-reader-322.pdf