Articles tagged with Aquaculture Development Plan
Fast-Track Approval Boosts Hananui Aquaculture Project and NZ Economy
2 weeks ago | 166 viewsThe Hananui Aquaculture Project off Stewart Island, the first aquaculture venture approved through New Zealand's Fast-track process, is expected to produce 14,400 tonnes of salmon annually, generating over $310 million in sales and creating up to 480 jobs. This approval aligns with government efforts to support Māori commercial aquaculture and aims to boost the sector towards a $3 billion annual revenue target by 2035 through large-scale open-ocean farming. The Fast-track process, which has approved 31 projects so far, accelerates development timelines, supporting regional growth, job creation, and New Zealand’s leadership in sustainable seafood production.
Tags: Chris Bishop Shane Jones Ngāi Tahu Seafood Resources Limited Hananui Aquaculture Project Māori Commercial Aquaculture Claims Settlement Act New Zealand salmon farms Aquaculture Development Plan SouthlandBay of Plenty Aquaculture Settlement Boosts Growth and Jobs for Te Moana-a-Toi Iwi
1 month ago | 318 viewsA major aquaculture settlement between the Crown and Te Moana-a-Toi iwi, involving 5000 hectares of new aquaculture space, aims to drive significant economic growth and workforce development in the Bay of Plenty. The region, known for open ocean mussel farming, has the potential to generate $200 million in annual revenue by 2035, contributing to the Government’s goal of $3 billion in aquaculture revenue nationwide. Oceans and Fisheries Minister Shane Jones highlighted the settlement as a milestone that supports iwi leadership and strengthens local communities through stable jobs and export opportunities.
Tags: Shane Jones Crown Bay of Plenty Māori Commercial Aquaculture Claims Settlement Act Tauranga New Zealand Aquaculture Development Plan mussel farming aquaculture settlementNew Zealand Updates Marine Aquaculture Rules to Boost Growth and Innovation
3 months ago | 591 viewsThe Government has updated the National Environmental Standards for Marine Aquaculture to simplify regulations, reduce costs, and support innovation while maintaining environmental protection. These changes aim to ease consenting processes, enable research and trials, and provide clearer national direction, contributing to the sector’s growth toward a $3 billion annual revenue goal. The updates, effective from June 4, are part of broader reforms to improve resource management and support sustainable economic development in New Zealand.
Tags: Chris Bishop Shane Jones Marine Aquaculture National Environmental Standards RMA Reform Aquaculture Development Plan New Zealand Government Resource Management Act Aquaculture Regulations Environmental Protection