Russia prepares to allocate $242m for development of national salmon farms

(12/27/19)

Russia's ministry of agriculture has said it plans to allocate RUB 15 billion ($242 million) over the next decade towards the development of salmon aquaculture in the country as part of its new strategy for fishery development, reports Agro Investor.

The strategy will see RUB 3bn go towards the construction of hatcheries for chum, coho and sockeye salmon, while RUB 12bn will be used to build new land-based smolt grow-out facilities.

Salmon forms one of the five key areas covered in the government's new fisheries development plan........................................................


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