ASEAN NEWS HEADLINES: Brunei, S’pore ink deal to farm Atlantic Salmon

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Atlantic Salmon will be locally produced in a clean and fresh environment in Brunei Darussalam, via a state-of-the-art land-based aquaculture facility, which is the first and largest of its kind in Southeast Asia.

The Strategic Development Capital Fund under the Ministry of Finance and Economy (MoFE) yesterday signed a Memorandum of Understanding (MoU) with 8F Asset Management Pte Ltd, a private equity fund management company from Singapore.

Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah was the guest of honour at the signing ceremony at The Empire Brunei.

The MoU formalises the intention to invest in a land-based farming facility for Atlantic salmon, using recirculating aquaculture system (RAS), with the capacity of 10,000 tonnes whole-fish-equivalent per annum.

The facility will be run and supported by Pure Salmon Pte Ltd, which is the global operating company for 8F’s investments. It will provide a range of expertise to the facilities globally, through its team of industry veterans in hatchery, production, processing, purchasing, quality assurance, distribution and brand management./ Azlan Othman

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