Jamaica’s fisheries sector is to benefit from a multimillion dollar aquaculture project targeting the production of silver tilapia fresh-water fish with potential earnings up to USD 200 million (EUR 150.7 million) per annum.
The initiative, for which a four-month USD 10 million (EUR 7.53 million) pilot project was recently concluded, is spearheaded by newly established entity, Sunshine Aquaculture Limited, in partnership with Aqua Wilson Farm, a 100-acre fresh water fish sanctuary in Hill Run, St Catherine.
Sunshine Aquaculture is seeking to introduce the new Silver Tilapia as well as improved nutrition and management processes within the local sector, which should enhance production of the Red Tilapia, regarded as a local culinary favorite.
