NEOM, Tabuk Fisheries sign MoU to develop largest fish farm across MENA

SourceSaudi Gazette
SectorAgriculture
CountryMiddle east

RIYADH — In the presence of the Minister of Environment, Water and Agriculture Abdulrahman Al-Fadhli, NEOM Company and Tabuk Fish Company signed a Memorandum of Understanding aimed at expanding local aquaculture production and applying the new generation of aquaculture technologies in the NEOM region.The MoU included developing a fish farm to promote the aquaculture industry in the region, both within artificial lakes and natural waters, and establish a solid infrastructure in the Kingdom, in line with Vision 2030, which aims to diversify the country's economy and sources of income.The hatchery will operate with a capacity of 70 million fingerlings, which makes it the largest in the Middle East and North Africa region.It will focus on improving the production of local fish species in the Red Sea to contribute to achieving the Kingdom's goal of producing 600,000 tons of fish products by 2030, placing the Kingdom at the forefront of the pioneering countries in sustainable aquaculture.Dr. Ali Al-Sheikhi, CEO of the National Fisheries Development Program and director general of the General Department of ...read more...