New Zealand company, Sanford, has expressed its support for Southland as the region looks to learn from Scandinavia on boosting aquaculture growth.

Sanford is looking forward to investing further in Southland

Sanford is looking forward to investing further in Southland

Southland District Mayor Gary Tong is part of a contingent travelling to Norway and Iceland to investigate the potential for aquaculture growth in the region.

“Aquaculture has created thousands of jobs and is worth a significant amount economically in Norway,” says Mayor Tong. “I’ll be looking at how that was achieved, challenges, risks, environmental impact, and what all that means for potential here in Southland.”

The existing Southland aquaculture industry includes one of the country’s largest salmon farms, Sanford’s Big Glory Bay farm in Stewart Island where it farms Chinook (King) salmon.

Sanford also has hatcheries on the Clutha and Wataki rivers and a processing plant employing 193 staff in Bluff.

“We harvest and process around 3,200 tonnes of Chinook salmon each year,” says Sanford CEO Volker Kuntzsch. “And around 65% of that is sold fresh on the domestic market. Growing the industry will not only create good jobs and boost the local economy but is also a major opportunity for New Zealand to grow export earnings.”

New Zealand’s salmon industry was worth $62 million in exports in 2015. Last year salmon exports were worth $8.4 billion (NZD) to the Norwegian economy; in January 2016 one Norwegian salmon was worth more than one barrel of oil.

Mr Kuntzsch says that Sanford looks forward to investing further in Southland.