Growfish News Article - Queensland company sets up Australia's first commercial mud crab and sea cucumber hatchery - Australia - May 2, 2003
 

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australia - May 2, 2003
Source: AFFA
Queensland company sets up Australia's first commercial mud crab and sea cucumber hatchery

Federal Minister for Agriculture, Fisheries and Forestry, Warren Truss today opened Australia's first commercial mud crab and sea cucumber hatchery at Hervey Bay in Queensland.

Mr Truss said the hatchery owned by Queensland aquaculture business Bluefin Seafood was one of 36 projects Australia-wide to receive funding under round three of the Federal Government's Agriculture Advancing Australia (AAA) - Farm Innovation Program.

"The hatchery is an Australia-first and, in fact, the first of its type to be set up outside of India," Mr Truss said.

"Bluefin Seafood's years of experience, along with the latest Australian, Asian and Indian research in the field, and the collaboration of Queensland DPI Fisheries and Bribie Island Aquaculture Research Institute has made the hatchery possible.

"The hatchery meets all the standards outlined by Environment Australia, and will provide the local area with an important employment and tourism boost.

"Bluefin has also established a regional network of partners linked by a joint marketing venture, as well as mud crab and sea cucumber fattening farms.

"Sea cucumber, or beche-de-mer, are extremely popular in Asia - with China, Taiwan and Singapore our main customers, while mud crabs have significant domestic growth potential. Bluefin will alternate between hatching the two species four times a year.

"Importantly, the hatchery will help meet the growing needs of these markets while at the same time taking the pressure off both species in the wild.

"As such, it represents a win-win situation, and an excellent example of the innovation that has become a hallmark of the Commonwealth's AAA - Farm Innovation Program.

"Innovation is the key to Australian companies remaining internationally competitive. The AAA - Farm Innovation Program helps our rural business people take advantage of the latest technologies, products and processes.

"In total, 97 rural businesses have shared $10.2 million since the Program's inception, with the successful applicants representing a good mix of industries including, wool, horticulture, poultry, forestry, crocodile farming, aquaculture, wine, beef and dairy."

For further information on the AAA - Farm Innovation Program, including detailed project information, please call (02) 6272 5606 or visit the web site at http://www.affa.gov.au/farminnovation

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