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TheFishSite Latest News
Monday, March 31, 2008
Print This Page Building a Million Dollar Industry
FIJI - Prawn farming is a million dollar industry that people should venture into, according to the Fijian Interim Agriculture Minister Joketani Cokanasiga.
The fisheries department says that as prawns are a four month crop, this is the length of time farmers will have to wait before they start to see returns.
Reported in Fiji Village, the Fisheries Department says that under the Prawn Farmers Government Assistance Program farmers will only have to fork out one third of the total cost needed for starting.
If a farmer was interested in starting a 1,000 square metre pond, costs associated would include 20,000 to 30,000 prawns at $ 25 for a kilogram of prawns.
The success of a prawn farm depends on having a clean water supply and proper management, told Fiji Village.
TheFishSite News Desk
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