Murihiku Southland has an opportunity to be the number one region in the world for aquaculture, utilising our natural advantages of a cooler climate, clear waters and 3,600kms of coastline.
It is a significant opportunity for diversification of our regional economy and builds on a proud 50-year foundation.
Aquaculture could grow to become a $1 billion industry by 2035 contributing one third of Aotearoa New Zealand’s $3 billon goal. One possible scenario sees aquaculture growing the region’s population by 5,180 with 2,940 new jobs.
This would be achieved by diversifying the industry through the development of both Open Ocean and Land Based aquaculture opportunities, predominantly located around Motupōhue Bluff and Rakiura Stewart Island. The goal is to maximise the social and economic benefits of aquaculture, while ensuring sustainable management of resources.
There are seven enablers that will support the realisation of the potential of this industry. Each of these requires further investigation and resourcing and should be considered alongside each other, to understand timing implications and investment prioritisation:
- Leadership
- Supply Chain
- Strategic Direction
- Regulatory
- Infrastructure
- Workforce
- Research and Development