Finance

Australis nabs $15 million loan to expand Vietnam barramundi farming

The loan marks the Asian Development Bank's first aquaculture equity investment in Vietnam.

Australis CEO Josh Goldman. The investment will fund working capital to expand Australis’ operations at Van Phong Bay in the center of the country and support the development of a second regional production hub in the south.
Australis CEO Josh Goldman. The investment will fund working capital to expand Australis’ operations at Van Phong Bay in the center of the country and support the development of a second regional production hub in the south.Photo: Australis
Published 3 July 2023, 08:34Updated 3 July 2023, 08:52
Farmed whitefishBarramundiAustralis AquacultureJosh GoldmanVietnam