Tassie’s aquaculture industry to receive a $7m boost

The federal government has provided a $7m grant towards Tasmania's Macquarie Harbour Aquaculture Hub.

Anthony Albanese, Tasmania’s regional development minister has said that the funding will provide an invaluable boost to the Tasmanian and West Coast industries as reported by The Mercury.

“This funding will make it possible for the major Tasmanian salmon growers to turn their vision into a reality,” said Albanese.

“The Aquaculture Hub will include wharves, buildings and associated infrastructure that will enable these Tasmanian companies to double their production of salmon and trout at the harbour.”  

Albanese said that aquaculture was a major growth industry in Tasmania and the additional funding will see the creation of up to 100 jobs during construction, followed by a further 163 jobs on the completion of the project in 2016.

Albanese says that many businesses with ties to the industry have expressed an interest in establishing operations at the Hub.

“Businesses that support aquaculture, such as ship chandlers, ship builders and repairers, and logistics operations have all expressed an interest in establishing new operations at the hub,” he said.

Federal Member for Braddon, Sid Sidebottom said the $7m was an integral part of the planned $60m expansion at Macquarie Harbour and predicts that the project could represent the building blocks for a billion dollar industry.

“It will transform the economy of the West Coast with flow-on effects to the whole of the state,” he said.

“It is a great example of the diversification of the Tasmanian economy that’s underway.”


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