National is backing our aquaculture sector to become a billion dollar industry by 2025. Achieving this goal will require a three-fold boost in sales.
This week we announced the latest steps to support aquaculture in New Zealand. Decisions we’re making now about our new regime will help free up a bottleneck of outstanding aquaculture applications. More flexible rules will encourage investment in the aquaculture sector.
The deemed Aquaculture Management Area status of existing farms will be removed so they will revert to being resource consents only. This change will not affect the rights of existing marine farmers.
Our changes will see minimal disruption to the industry, allow current aquaculture applications to be completed, and new applications made. We’re making use of our valuable natural resources in a sustainable way to build the economy and create more jobs - especially in the regions.
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