In Ukraine, the Sukhyi Estuary will be leased for the cultivation of shellfish

Published Jan 31, 2024

Tridge summary

The Ukrainian Ministry of Agrarian Policy and Food has opened electronic auctions for entrepreneurs to lease plots in the Odesa region for shrimp and shellfish farming. This is the first time such rights have been granted for mariculture in the Dry Estuary water area. The lease will last for seven years, with profits expected after three years. This initiative is part of Ukraine's strategy to develop marine aquaculture, learning from leading nations like Norway and Chile.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Ukraine, entrepreneurs had the opportunity to join electronic auctions for the right to use the water area of the Dry Estuary to grow shrimp and shellfish. This was reported by the Ministry of Agrarian Policy and Food of Ukraine. The relevant order of the Cabinet of Ministers "On conducting an auction for the sale of the right to enter into a lease agreement for the water area (water space) of Sukhoi Liman for the purposes of marine aquaculture" No. 60 has already been approved. In Minagro, it was emphasized that for the first time, entrepreneurs received the right to lease plots of dry estuary in Odesa region for mariculture. The area of the Dry Estuary reservoir has sufficient salinity and free exchange of water with the sea to grow shrimp and mussels there. The lease agreement is planned to be concluded for seven years. The term was chosen to be relatively long, as entrepreneurs have the opportunity to receive profit from the sale of aquaculture products after three years of ...
Source: Agropolit

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.