Russia: Stavropol Krai to allocate RUB 24.9 million to support fish farming in 2024

Published Nov 14, 2024

Tridge summary

The article highlights the government's support for commercial fish farming, offering a potential return of up to 40% on investments. Stavropol Krai, with its fishery fund exceeding 60 thousand hectares, is a prime region for aquaculture development. Approximately 250 agricultural producers are already involved in the industry, predominantly raising fish in ponds, with over 80% of production. The region's fish farming yields around 4 thousand tons of fish annually, including species like carp, grass carp, silver carp, and trout, with seasonal fishing taking place from November to February.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, the volume of state support for commercial fish farming, including the development of breeding fish farming, is the same amount, which will allow for a return of up to 40% of costs. Stavropol Krai has great potential for the development of aquaculture, since the fishery fund of the region's water bodies exceeds 60 thousand hectares, including lakes, reservoirs, ponds and irrigation canals. About 250 agricultural producers are engaged in fish farming, with the majority of products (more than 80%) coming from pond farms. ...

Source: Fishretail