Danish aquaculture technology company Globaq Solutions has signed an agreement with Fiskarna Aqua to develop an integrated aquaculture hub in Algeria.
Formerly operating as Billund Aquatech before rebranding in early 2025, Globaq Solutions said the agreement with aquaculture development firm Fiskarna Aqua marks the start of a “long-term strategic partnership to develop Algeria’s first integrated aquaculture ecosystem, combining international expertise, advanced technologies, and a shared commitment to sustainable food production.”
“Globaq Solutions will be doing the design and installation of special equipment to get this integrated aquaculture project off to a good start,” Globaq Solutions Founder Christian Sørensen told SeafoodSource. “The project has already achieved important milestones, including recognition as a national aquaculture strategic pilot project and progress on land and marine concessions.”
According to Fiskarna Aqua, the project entails investing in freshwater recirculating aquaculture system (RAS) technology, offshore marine aquaculture, hatchery development, fish feed and biomass production, and research, innovation, and skills development.
For now, though, Globaq COO Kristoffer Lund emphasized to SeafoodSource the project is still in its infancy.
“What we have at the moment are 200 square kilometers of land in Algeria, and that will be the site to be used for the development of this integrated aquaculture project,” Lund said. “A pilot phase will include trout and shrimp grow-outs with potential to scale to full production, and then we will develop a tilapia hatchery as part of the integrated aquaculture project.”
Fiskarna explained that Algeria’s strategic location between Sub-Saharan Africa and Europe, as well as the country’s stated commitments to expand its infrastructure and industrial capabilities, “provides a unique opportunity to develop a regional center of excellence for sustainable aquaculture technologies and seafood production.”
Sørensen added that his company's involvement in Algeria's aquaculture market coincides with a period of increasing demand for sustainable aquaculture solutions in the North African country, adding that Globaq wants to “support Algeria to build a sustainable fish-farming industry to boost the national drive to achieve self-sufficiency in fish production.”
Looking ahead, Lund said Globaq expects to be in Algeria for the long haul.
"We will work at this Algerian aquaculture project through several phases leveraging our long experience in the aquaculture industry and global partnerships and networks with international feed and fish-processing companies," he said.
As for Fiskarna’s roadmap, it said in a statement its eventual ambition is to “establish a model that delivers long-term value for Algeria by promoting technology transfer, developing local expertise, creating highly skilled employment, strengthening food security, and attracting international investment.”
Sørensen said Globaq is optimistic the Algerian project will attract additional investment, especially from the private sector, hopefully mirroring gains the firm saw in Europe early on in the sector’s development and leading to wider private investment across Algeria.
“When we started more than four decades ago, we achieved success in Europe and proved the viability of sustainable fish-farming technology enabling us to attract the first 25 percent grant of the value of our undertaking at the time from the European Union,” he said. “It is extremely important when you start developing a new project of the size we [are anticipating] in Algeria that you get strong support from the government and financial institutions because when the project finally succeeds, there will be a lot of interest from private sector players seeking to invest in similar undertakings.”
