An opportunity for investment lies in Trinidad and Tobago's marine aquaculture subsector. Investors are invited to establish and deploy a tank-based, modified seawater water recirculation system (Recirculated Aquaculture System [RAS]) to produce high-value marine fish species for both domestic consumption in Trinidad & Tobago and export to regional and international markets.
In 2013, the Seafood Industry Development Company Limited (SIDC) established a marine, recirculating aquaculture system in order to produce high-priced, high-value products for local and export markets.
A pilot inland marine shrimp project will determine the technical and commercial feasibility of tank-based production of marine shrimp in a sustainable way, utilizing recirculating aquaculture systems.
The project will partner with stakeholders and provide them with project management, research, information, training and mentoring.
Current facilities include approximately 560 square meters (6,000 square feet) of covered floor space that house six marine recirculating aquaculture systems (four for production trials), a quarantine room, a live feed production room and a water quality laboratory. In addition, there are temperature-controlled storage areas for feed and an additional 560m2 (6,000 square feet) covered shed with tanks.
Other ideal species to be farmed in T&T are pompano, cobia and yellowtail kingfish, since they are all found in regional waters. Currently both the cobia and pompano are successfully reared in tank-based RAS and flow-through systems.
Investment RequiredAn Initial Investment amount of US$3.15M spread over the first two years
Type of InvestmentThe Lopinot Cocoa Estate opportunity requires a joint venture or partnership with an individual or business that is seeking to expand their own product line
An Initial Investment amount of US$3.15M spread over the first two years, to include:
Acquisition of 10 acres of land for project (Investors shall be guided and assisted by InvesTT in the sourcing of the most suitable land location).
All investors will be able to partner with agencies in Trinidad and Tobago with responsibilities for the aquaculture sector and to be facilitated in technical and administrative areas.