ALGERIA PLANS TO SET UP TUNA FATTENING FARMS TO ADD VALUE
ALGIERS, -- Algeria will set up for the first time tuna fattening farms to add value to the country's fish exports, says the Director of Maritime and Oceanic Fishing at the Ministry of Agriculture, Rural Development and Fisheries, Omar Kaddour.
Sales of the tuna after the fattening process will multiply its market value tenfold when exported, compared with its initial price before fattening, Kaddour said here Tuesday. The farming of the fish for fattening will last between six and 12 months after which its weight will rise from 10 to 12 kilogrammes to more than 90 kg, he added.
The ministry will submit a request to the International Commission for the Conservation of Atlantic Tunas (ICCAT) during its meeting scheduled on Nov 14 for permission to create pilot farms for tuna fattening in Algeria, the official stated.
Kaddouf, who is also Algeria's chief representative at the ICCAT, highlighted the importance for Algeria to fish its yearly quota of tuna and further exploit its resource, stressing that tuna exports at low prices "caused significant financial loss to Algeria".
At least two private local investors, who meet the material and financial requirements, and have the necessary experience, are waiting for permission to operate in the tuna fattening activity.
Experts will support and help these investors, who will also benefit from facilities for concession grants.
Source: Nam News Network