Aquaculture Innovation - Add Up The Benefits
May 15th, 2008 by MichelleWhat does the Finfish Project mean for those already involved in the Western Australian Aquaculture Industry and those that we hope will be inspired to get involved?
As stated in previous posts on this site, the Food and Agriculture Organisation has predicted that by 2030 an additional 37 million tonnes of fish will be required to meet global demand.
While 2030 seems a long way into the future, this shortfall will not occur overnight, rather it will grow as world population increases and wild stocks diminish.
How does this impact what we are trying to achieve within the Western Australian Aquaculture Industry?
Noting the predicted global shortfall, there is clearly an opportunity here for a variety of business enterprises in Western Australia to assist in overcoming the predicted fish supply shortfall through innovative developments in aquaculture technologies that will vastly improve the manner in which finfish are farmed globally.
By bringing together a ‘meeting of the minds’ including representatives from the existing Western Australian Aquaculture Industry, potential investors, technology and engineering based company representatives, those involved in the aquaculture industry globally and government, there is a huge potential for first class innovations to be identified.
Innovations with the potential to change the face of global aquaculture will invariably attract interest from international aquaculture ventures already producing large quantities of finfish and from there, partnerships and relationships can evolve.
So, there is the potential for developing valuable intellectual property and sharing that through various joint ventures/alliances with aquaculture ventures located overseas.
But what about those already farming finfish in Western Australia? By participating on-line you will contribute to the potential technologies identified and can later explore their use locally to increase the efficiency of production.
Still not convinced? Click here for more reasons to get involved.
Tags: australia, gap, Innovation, western australia
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