Chinese aquaculture firm pledges to invest USD 70 million in Vanuatu

Hainan Xiangtai Fishery Company signing a deal with Mata-ariki Investment Holdings.
A leading Chinese aquaculture company has signed an agreement to build an integrated fish-farming facility in Vanuatu, continuing a long line of recent diplomatic efforts China has made with Pacific Island nations to expand its influence in the region. Under the terms of the deal, Chengmai, Hainan-based Hainan Xiangtai Fishery Company will invest CNY 500 million (USD 70 million, EUR 65 million) in partnership with local firm Mata’ariki Investment Holdings to build and facilitate fishery…

SeafoodSource Premium

Become a Premium member to unlock the rest of this article.

Continue reading ›

Already a member? Log in ›


Want seafood news sent to your inbox?

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500