Project will incorporate ‘super-intensive technology’ coupled with AI.
Shrimp aquaculture technology supplier Blue Aqua is looking to develop Singapore’s first high-tech fish farm for producing trout – as part of the group’s intention to invest SGD $45 million (€30 million) to grow its aquaculture operations in the country.
With plans for an annual production capacity of some 1,200 tonnes of rainbow trout, the project will showcase a proprietary ModulRAS system developed by Assentoft Aqua, Denmark, which specialises in sustainable land-based RAS aquaculture technologies.
Singapore has set its sights on a ‘30 by 30’ masterplan to meet 30 per cent of its local food production by 2030. According to a press release from Blue Aqua, the intended project will incorporate super-intensive technology coupled with AI to help achieve sustainable fish production locally to support this initiative.
It is hoped that the developed farming system will be eventually deployed across South East Asia, Middle East and North Africa.
Dr Farshad Shishehchian, CEO and founder of Blue Aqua said: “The future lies in sustainable, smart farming systems that are not bound by environmental constraints. Blue Aqua has been a strong advocate for super-intensive, species-focused farming since its inception, and we are excited to grow our efforts to develop a scalable aquaculture technology, with farmed trout and shrimp, to serve as an important and efficient protein food source for decades to come.”
Advised by Lighthouse Finance, an Oslo based advisory firm specialised in financing sustainable seafood projects around the globe – the farming project is in the midst of raising funds for a phase-based commercial development over the next 3 years.