The government’s announcement that it is providing funding of NZD 5 million (USD 4.2 million, EUR 3.1 million) into a joint industry and government seafood research partnership is warmly welcomed by the New Zealand seafood industry and its research partners including Plant and Food Research, NIWA and Cawthron Institute.
“New Zealand seafood has a strong future as global demand for protein continues to escalate and this funding will significantly boost our research efforts towards increasing sustainable seafood production in both aquaculture and wild fisheries,” says Dave Sharp, Chair of Seafood Innovations Limited.
Sharp says the collaborative research program will focus on extending existing projects and undertaking new projects aimed at improving the use of New Zealand’s marine environment to sustainably produce and export larger quantities of more valuable and more diverse seafood.
“The collaborative research programme will be invaluable in strengthening New Zealand seafood’s position in world markets as a source of premium, high value and demonstrably sustainable seafood,” says Sharp.
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