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A £1 million investment subsidy aims to create up to 50 fish farming jobs in the Highlands and Islands.

 

Highlands and Islands Enterprise (HIE) has approved a funding package for a 30-month pilot programme run in conjunction with the Scottish Aquaculture Innovation Centre (SAIC).

 

Projects supported will have clear commercial outcomes.

 

Together they are expected to boost industry turnover in the region by around £8 million and create up to 50 jobs, including many in fragile areas.

 

Aquaculture is estimated to contribute as much as £1.8 billion turnover a year to the Scottish economy and support around 8,000 jobs.

 

Projects estimate the industry has potential to double and create 18,000 jobs by 2030.

 

Rural Economy Secretary Fergus Ewing said:

“Scotland’s aquaculture industry is a real pillar of our rural economy, particularly for the Highlands and Islands, and this government is committed to working with partners across the sector to support continued sustainable growth.

 

“Maximising the opportunities that innovation can bring will be central in delivering the industry’s vision for the future of aquaculture. That is why it’s pleasing to see this collaborative programme come to fruition, which will provide a boost for the sector and support job creation.”

 

£1 million subsidy aims to create 50 new fish farm jobs in Highlands and Islands

14 March 2017