AMG Norway, a subsidiary of the Israeli aquaculture tech provider Aqua Maof Group, inked a deal with Grieg Newfoundland to build the "world's largest indoor salmon aquaculture facility" in Newfoundland, Canada, Yoav Dagan, vice president of Aqua Maof, told IntraFish.
Construction of the Marystown-located recirculation aquaculture system (RAS) hatchery and nursery facility will kick off in early 2017, and the overall project investment is estimated at CAD 75 million (€50.3 million/$56.7 million).
The facility, which will deploy Aqua Maof's RAS technology, will produce 7 million smolt every year, ranging up to an average weight of 1,500 grams.
Grieg NL plans to stock 11 sea-cage sites for the subsequent grow-out, planning to harvest 33,000 metric tons of Atlantic salmon annually by 2023 -- which will more than double Newfoundland's current production of the fish.
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