DEVELOPING AN AQUACULTURE INDUSTRY IN LATROBE VALLEY
Thursday, 27 June 2019
The Andrews Labor Government is partnering with Australian Paper and MainStream Aquaculture to build a world-class aquaculture facility for farming barramundi in the Latrobe Valley.
Member for Eastern Victoria Harriet Shing today welcome the announcement that the Labor Government will provide $800,000 towards a feasibility study through the Latrobe Valley Authority.
MainStream Aquaculture is a premium barramundi supplier that operates the largest aquaculture facility of its type in the world, exporting into 24 countries across 5 continents.
As part of the feasibility study, Mainstream Aquaculture and Australian Paper will investigate the technical, commercial, social and environmental aspects of the project as well as undertaking preliminary design and engineering, for the Recirculating Aquaculture System plant.
The facility would be located close to Australian Paper’s Maryvale Mill and utilise fresh water supplies. Maryvale has ideal infrastructure capacity to supply water-heating, oxygen generation and water treatment services.
If the study proves the project is viable, construction of the facility in the Latrobe Valley could begin by late 2020. The facility could support up to 500 Victorian jobs in the construction phase, and around 190 ongoing positions when it is operational.
The feasibility study is expected to be finalised by mid-2020.
Quotes attributable to Member for Eastern Victoria Harriet Shing
“This partnership is a great example of looking at innovative ways to maximise use of existing Latrobe Valley infrastructure, helping to attract new industries and employers to the region.”
Quotes attributable to Treasurer and Member for Werribee Tim Pallas
“We’re proud to support initiatives that boost industry in the Latrobe Valley, boosting local jobs and backing local businesses.”
Quote attributable to MainStream Aquaculture Managing Director, Boris Musa
“We welcome the next steps in our relationship with Australian Paper, who share our values around the development of sustainable and socially responsible enterprise and look forward to making our concept for the largest single site barramundi farm in the world a reality.”
Quote attributable to Australian Paper, Chief Operating Officer, Peter Williams
“We are delighted to partner with Mainstream Aquaculture and the Victorian Government through the Latrobe Valley Authority, to explore the feasibility of a world class aquaculture facility close to our Maryvale site.”