In a bold and visionary move, the Abu Dhabi-based startup is set to embark on a journey to secure a groundbreaking 100,000-square-meter fish farming facility. It would be nestled in the northeastern region of the United Arab Emirates. This ambitious venture aims to redefine the landscape of aquaculture in the region.
Abu Dhabi To Welcome Fishing Farm To Meet UAE’s Seafood Cravings
In its initial phase, Ocean Harvest plans to introduce 3,500 metric tons of Atlantic salmon into the UAE market. Additionally, the company gears up to source salmon eggs from the cold waters of Norway, Iceland, and Denmark. Furthermore, its first hatchery in the emirate of Ras Al-Khaimah is slated for completion by 2026. To translate this ambitious vision into reality, Ocean Harvest is actively seeking strategic investors, including sovereign wealth funds, impact investors, and infrastructure investors, to partake in this landmark journey.
The UAE boasts one of the world’s highest per capita fish consumption rates. Its annual average is 66 pounds per person. This figure significantly surpasses the global average of 45 pounds. Gulf state has a profound love for seafood.
Strategically positioned, Ocean Harvest takes centre stage with Atlantic salmon to satiate this appetite, heralded as the “pink jewel of the sea.”
Also Read: Fish Dubai To Remain Open Even During Summer
Sustainability Maintenance At The Farm
Ocean Harvest’s master plan includes the implementation of a state-of-the-art recirculating aquaculture system. This innovative system works tirelessly to maintain water quality within the tanks, recycling and purifying water every 30 minutes, effectively eliminating the need for antibiotics and pesticides. This commitment to sustainability will set new industry standards in the region’s aquaculture landscape. Presently, the UAE relies heavily on fish imports, accounting for over 70% of the nation’s annual consumption of 220,000 tons of fish. Ocean Harvest envisions diminishing the country’s dependence on foreign fish imports by establishing a local, sustainable salmon farming facility.
With its grand vision and unwavering dedication to sustainable salmon farming, Ocean Harvest will play a pivotal role in enhancing the UAE’s food security. This venture represents a momentous stride towards a more sustainable and self-reliant future in aquaculture. So anticipate fresh and local salmon on your plate from now on!
Cover Image Courtesy: Canva Stock Images
First Published: September 12, 2023 2:03 PM