Agriculture Ministry subsidizes commodity fish farming for over US$1 million

Agriculture Ministry subsidizes commodity fish farming for over US$1 million

Sturgeon, salmon, carp and other species of commodity fish will now become even more affordable in Kazakhstan. The issue of development prospects for the fisheries was raised today at a Government’s meeting. Kazakh Minister of Agriculture Saparkhan Omarov said that in order to support the development of aquaculture, the state in 2018 launched a budget program to subsidize feed for the commodity fish farming. There will be a new tranche this year.

“Prioritized fish species such as sturgeon, salmon and carp are being subsidized. The program is financed from the local budgets. We provided 430 million tenge (more than US$1 million) for support this year. Currently, about 30 fish hatcheries are being subsidized,” the minister said.

Starting this month, subsidizing up to 25 percent of the cost of construction of closed water supply devices and cage farms has been provided thanks to the offers of business and “Atameken” National Chamber of Entrepreneurs. Each of them will allow growing from 20,000 to 40,000 tons of fish. Loans will also be given to entrepreneurs to purchase equipment and machinery for lakeside farms.

Over the past ten years, 13 fish farming projects have been financed in Kazakhstan in the amount of 13.9 billion tenge (US$33.2 million). Kazakhstan exports 30,000 tons of fish products to 36 countries every year.

 

Photo: inventure.com.ua