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8,500,000.00

The facility is designed and can also be constructed in modular format, with each individual unit producing 250 tons of fish annually. The present overview presents the costs associated with the construction and equipping of one such modular unit, so that the Aquaculture Facility can be scaled according to production requirements and the amount of available investment capital, keeping in mind certain economies of scale (construction and operation) when a larger facility, comprising a number of units, is built.

Aquaculture technology is fully automated and the growing environment is carefully monitored and controlled. Raising fish using this special land-based technology eliminates the need for costly divers, expensive maintenance and frequent replacement of equipment. In contrast to sea-based cage farms, where the frequent escape of fishes and the prevalence of disease typically result in a up to 50% loss of juvenile stock, aquaculture provides a secure, clean and disease-free environment.Whereas severe weather incidents, which are growing more and more frequent as the climate warms, often result in the total loss of a fish farm’s entire stock.

The land-based aquaculture facilities are immune to the threat of bad weather and can be designed for complete energy and water self sufficiency. Many valuable fish species, which are in growing demand in restaurants and markets around the world, can be raised more quickly than in sea-based fish farms, without the use of antibiotics or chemicals and without polluting the environment in any way. Furthermore, the loss of valuable fish feed is practically zero in comparison with the sea-cage average of 30% loss. This elimination of feed waste is critical to achieving the optimal FCR (Feed-Conversion Rate) of 1/1, while the industry average for traditional sea-based cage farming is approximately 2/1.

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