Aquaculture

Barramundi farmer secures $11 million for Brunei expansion

"The securing of this initial funding, in the present economic climate, and following the many difficulties the group has faced in recent years, is encouraging," said the company.

The funding will be partly used for the "immediate deployment" of sea cages at its existing sea lease at Pelong Rocks in Brunei.
The funding will be partly used for the "immediate deployment" of sea cages at its existing sea lease at Pelong Rocks in Brunei.Photo: DLeng / Shutterstock.com
Published 28 February 2024, 14:20Updated 28 February 2024, 14:21
Barramundi GroupBarramundiSingaporeBruneiwhitefish