Almost half the global barramundi industry’s seed stock will be produced in Wyndham, following the opening of the world’s largest barramundi hatchery in Werribee, Australia.
Mainstream Aquaculture’s hatchery in Lock Avenue, which will export barramundi stock to 14 countries across four continents, was officially opened by state Agriculture and Food Security Minister Peter Walsh on Monday.
Chief executive Boris Musa said the company was the world’s leading provider of recirculating aquaculture food-fish products.
The company recently took part in a state government trade mission to south-east Asia, where it secured a contract to supply fingerlings to a large-scale barramundi farm in Singapore.
Mr Walsh said the hatchery was “a shining example”.
“The hatchery is expected to generate annual revenue in excess of $2 million,” he said. “This will help the business meet increasing global demand for Victorian barramundi seed stock.”
