Posts Tagged ‘Aquaculture Fund’
£100 million bonus for fish farming communities
Coastal communities which host fish farming sites are set to receive an increased payout of NOK 1.4bn (£103m) from the Norwegian Aquaculture Fund, the Oslo government has announced. The money will be used to develop various welfare and social projects in areas which are often isolated from the main urban centres. The government says it…
Read MoreFish farming communities share £180 million
At least 150 coastal fish farming communities in Norway look set to share a bumper payout of more than £180 million from the country’s aquaculture fund. The total in Norwegian currency comes to NOK 2.2 billion and demonstrates the importance of the fund to some of the more remote areas. The spoils, which come from…
Read MoreNorway salmon firms face 40 per cent tax hit
NORWAY’S fish farming companies face the unpalatable prospect of a new 40 per cent basic tax rate on their profits. That is the main majority recommendation from the special committee chaired by economics professor Karen Helene Ulltveit-Moe as she presented her plans this morning. The decision of the committee, which was set up last year…
Read MoreBacklash over Tromsø farm ban
LOCAL councillors in the Norwegian city of Tromsø are facing a mounting backlash over their decision to ban any further open salmon farming inside municipal boundaries. They have also ordered a halt to the expansion of existing fish farms unless they are enclosed or land based. An alliance of left and green parties on the…
Read MoreFish farming communities in the money
NORWAY’S remote coastal communities are reaping huge sums of development money from the country’s Aquaculture Fund, recent official figures suggest. Small towns with fewer than 5,000 people have been handed amounts normally beyond their dreams, with one receiving more than 100 million kroners (around £9.2 million). The total distribution of Aquaculture Fund money from the…
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