Irish aquaculture gets €10 million grant boost – Fishupdate.com

Irish aquaculture gets €10 million grant boost Published:  28 July, 2004

THE Irish government has announced grant aid totalling €10,053,850 for aquaculture projects under the aquaculture measure of the National Development Plan (NDP) 2000-2006. The funding will underpin a total spend of €26,236,755 in the aquaculture industry during the period of the Programme.

John Browne T.D., minister of state at the Department of Communications, Marine and Natural Resources said: “This grant aid is part of the total package of €31.74 million which has been allocated to support the development of the Irish aquaculture industry.

“We in Government are aware of the vital importance of the industry in our coastal and peripheral communities and this massive level of investment will ensure that aquaculture continues to develop into a vibrant and sustainable industry. The impact of this funding will have a huge positive effect in these areas both economically and socially.”

The 27 projects cover a wide range of activities including the purchase and modernisation of mussel dredgers, capital equipment for oyster and clam production, and the expansion and modernisation of salmon farming operations.