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Russia to develop Karelia’s aquaculture industry

Staff Writer | January 28, 2017
The Russian government has unveiled plans to foster the development of the aquaculture industry in Karelia, in the country’s north-western part.
Aquaculture in Russia   Rosrybolovstvo will perform a feasibility study
Russia’s state-run Federal Agency for Fishery (Rosrybolovstvo) will perform a feasibility study to build a new fish breeding centre and a fish feed mill in the region.

The facility will be part of the designed aquaculture cluster that is to be launched in Karelia. Under the plan, the region’s annual fish harvest is to total more than 35,000 tonnes by 2020, according to data from the Rosrybolovstvo.

Currently, two companies are carrying out projects to launch new fish feed mills in Karelia.

Of these, one company aims to launch production activities this spring, and the second one is currently completing the necessary paperwork to obtain a permission to construct its facility, the agency said in a statement.

The initiative was announced by Ilya Shestakov, the Rosrybolovstvo’s president, during a meeting at the Russian Ministry of Agriculture.

To support the development of the cluster, the agency will provide funds to companies that aim to obtain bank loans for their investments.