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Marine Harvest manager Alvaro Jimenez believes investments will grow with a proper legal framework. (Photo: SalmonChile/FIS)
New aquaculture law may attract investments
CHILE
Tuesday, March 30, 2010, 17:10 (GMT + 9)
The general manager of Marine Harvest Chile, Alvaro Jimenez, trusts in the recovery of the national salmon farming sector following the approval of modifications to the
the General Fisheries and Aquaculture Law (LGPA).
In his opinion, the new legislation will allow companies to have more financial support from banks, and he considers it likely that new investors will appear.
"Insofar as the industry is seen as healthier and we have a suitable legal framework, investments are going to increase and the industry is going to improve more rapidly," he indicated.
With respect to the projections for this year, Jimenez expressed that the late 2009 trend will continue, with low mortalities of Atlantic salmon.
This is due to several factors, in his opinion, among which he mentioned:
- Vaccine availability;
- Lower densities;
- Longer coordinated rest periods;
- Smaller biomasses;
- Navigational tracking;
- Bio-security measures;
- Better quality of smolts.
“We do not think that it is exclusively due to a loss in
biomass. All the companies have put forth major effort to improve their productive standards,” the executive affirmed.
In terms of the present situation of Marine Harvest, fish are going to enter eight farming centres, of a total of 150 that the company owns, he commented.
"We are using third-party plants to process salmon,” he pointed out.
The bill that modifies the General Fisheries and Aquaculture Law (LGPA) was passed by 51 votes in favour, 21 against and 3 abstentions; and in the Senate by 23 votes in favour and 6 against, the same day.
Related articles:
- Constitutionality of aquaculture law comes into question
- Congress passes modifications of aquaculture law
By Analia Murias
editorial@fis.com
www.fis.com
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