Articles tagged with Aquaculture Settlement

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Marlborough Sets Aquaculture Areas to Boost Open Ocean Salmon Farming and Iwi Growth

The Government has designated two Aquaculture Settlement Areas in Marlborough to enable iwi participation in the region’s expanding open ocean aquaculture industry while negotiations under the Māori Commercial Aquaculture Claims Settlement Act continue. These areas, totaling nearly 6,000 hectares, will support future marine farming projects subject to regulatory approval without affecting current fishing activities. The initiative aims to boost the local economy through export income, job creation, and sustainable seafood production, aligning with the broader goal of reaching $3 billion in annual aquaculture revenue by 2035.

Bay of Plenty Aquaculture Settlement Boosts Growth and Jobs for Te Moana-a-Toi Iwi

A major aquaculture settlement between the Crown and Te Moana-a-Toi iwi, involving 5000 hectares of new aquaculture space, aims to drive significant economic growth and workforce development in the Bay of Plenty. The region, known for open ocean mussel farming, has the potential to generate $200 million in annual revenue by 2035, contributing to the Government’s goal of $3 billion in aquaculture revenue nationwide. Oceans and Fisheries Minister Shane Jones highlighted the settlement as a milestone that supports iwi leadership and strengthens local communities through stable jobs and export opportunities.