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China plans $280 million offshore aquaculture project

Zhanjiang Guolian Aquatic Products entered an agreement to build a $282 million offshore aquaculture project in Xuwen, China.

China plans $280 million offshore aquaculture project

April 2, 2020

Chinese shrimp giant Zhanjiang Guolian Aquatic Products entered an agreement to build a $282 million offshore aquaculture project in Xuwen, China. The investment includes deep-water cages, breeding and hatchery facilities, feed mills, processing and research centers.

The project is backed by the government of Xuwen country and it is still in its early stages.

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