Aquaculture

Nissui-backed shrimp group plans to raise $80 million to kick off construction

Seafarms plans to harvest the first shrimp from its land-based mega farm, Project Sea Dragon, in the third quarter of 2023.

The funds will be used to immediately commence construction of Seafarms’ Project Sea Dragon stage one development program in northern Australia.
The funds will be used to immediately commence construction of Seafarms’ Project Sea Dragon stage one development program in northern Australia.Foto: Project Sea Dragon
Published 23 June 2021, 13:10Updated 23 June 2021, 14:57
Nippon Suisan Kaisha (Nissui)AustraliaProject Sea DragonShrimpLand-based aquaculture