The Government has committed to working alongside the aquaculture industry to deliver economic growth and jobs for the regions as part of an ambitious goal for it to become a $3 billion industry by 2035.
Fisheries Minister Stuart Nash says, "The strategy will build on that foundation, setting out a plan for Government to support the industry over the next seven years, built around objectives and actions needed to realise a productive, sustainable, resilient, and inclusive aquaculture industry."
Alongside the $3 billion goal, the New Zealand Aquaculture Strategy focuses efforts on:
- the development of sustainable open ocean and land-based farming
- increasing farm efficiency
- increasing product value and environmental performance in existing inshore farming
- building resilience to environment change
- supporting the development and adoption of new technologies and practices to reduce the industry's contribution to was and emissions.