Seanad debates

Thursday, 26 January 2012

Agriculture and Fisheries: Statements, Questions and Answers

 

The capital cost of developing a salmon farms will be approximately €50 million. Based on the current price of salmon, the farm to which I alluded would have an annual turnover of €103 million and would employ between 300 and 400 people. The reason I am able to provide such precise figures is that the largest salmon farming company in the country, Marine Harvest, produces between 10,000 and 12,000 tonnes of farmed salmon annually and employs 280 people. These jobs are located in areas which need employment. The development of salmon farms will feed into the processing sector and build a reputation for Ireland as a serious seafood producer, both in terms of volume and quality. We will also start to move from the current crazy system in which many of our fish processors import Scottish salmon to be processed and rebranded and sold as Irish salmon.

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