Arab Press

بالشعب و للشعب
Saturday, Feb 22, 2025

NEOM, TRSDC to help boost Saudi aquaculture yield fivefold by 2030

NEOM, TRSDC to help boost Saudi aquaculture yield fivefold by 2030

State-owned NEOM and The Red Sea Development Co. are spearheading the Saudi government’s efforts to boost the yields of the aquaculture sector fivefold by 2030 in coordination with other key private players.

The sector is expected to get a boost in the short-to-medium term through various projects to increase production to 600,000 tons per year, the deputy minister for agriculture told Arab News.

Collaboration


In addition to NEOM and The Red Sea Development Co., the projects will be implemented with the assistance from Naqua, Jazadco, Saudi Fisheries Co., said Ahmed Aleyada.

Currently, the sector’s production is 100,000 tons per year.

Responding to an Arab News query, TRSDC said it’s working with Blue Planet Ecosystems to start seafood production early next year. “Our focus will be on trying to farm local species to help regenerate the ecosystem as well as provide seafood native to the Red Sea for our guests to eat.

“All of our aquaculture plans are focused on regeneration and local species and using sustainable methods like mangrove aquaculture and recirculating systems.”

It further said: “Our near-term goal is to focus on quality rather than quantity and local/native Saudi fish rather than typically farmed fish like Atlantic sea bream and sea bass.

“Our technologies and techniques may eventually lead to large-scale production in the long run.”

The Kingdom aims to boost shrimp and fish output by helping private companies to develop aquaculture on the Red Sea coast.


Largest fish farm


The expansion projects will be carried out by the Kingdom’s largest market player, the National Aquaculture Group, also known as Naqua, a private firm Tabuk Fish as well as by several other Saudi or foreign companies. It would be pertinent to mention here that Tabuk Fish signed a deal with NEOM in April 2021 to establish the largest fish farm in the Middle East and North Africa, according to NEOM.

Naqua currently produces shrimp, Barramundi fish, and sea cucumber, etc., according to the company website. It aims to push the production volume up to 250,000 tons in the long term and to achieve the goal it is considering a sizable investment to boost the output in the short term. The company’s share in the local market was 86 percent in 2018, however, it might have narrowed by now due to rising competition in the sector.

Given that Naqua’s output accounted for 80 percent of the GCC’s total production of aquaculture products in 2018 and the Tabuk Fish project is said to become the largest in the MENA region, one can assume Tabuk project alone should contribute no less than 100,000 tons to the overall Saudi aquaculture production going forward. The rest of the growth should come from Naqua’s expansion and other Saudi or foreign companies.

National program


The increased activity in the sector is a result of Saudi Arabia’s National Fisheries Development Program launched in 2015. The program aims at expanding the Kingdom’s aquaculture output to 600,000 tons per year by 2030. It also targets the creation of about 200,000 direct and indirect jobs in the fisheries sector over the same period.

In this regard, the Saudi government has been striving to create the necessary infrastructure to ensure biosafety and high quality of seafood produced in the Kingdom. These efforts are reflected by the Saudi Aquaculture Society’s program that was carried out in 2016-2019, which aimed at implementing prevention methods against the spread of diseases and pathogens at all stages in the supply chain process in the sector right until the provision of the product to the customer.

The program will also be essential if the Kingdom were to continue exporting aquaculture products to different regions worldwide, including Europe, the US, and China which will be the country’s key overseas markets.

Biosecurity


During its implementation, the biosecurity program led by the society drew samples of over 145,000 creatures in a process that took more than 3,255 working days in-field. Some 10,345 tests were conducted as well. The program has been of crucial importance, especially when considering the 2010 outbreak of the viral white spot disease in the country’s most cultured species, marine shrimp.

Aquaculture is currently the world’s fastest-growing food sector which accounts for over 50 percent of the total global seafood supply. Seafood consumption in the Kingdom is projected to grow 7.4 percent annually, according to NEOM. “Saudi Arabia enjoys the most favorable climate conditions for a successful aquaculture operation,” Aleyada told Arab News.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
The negotiation teams of Trump and Putin meet directly, establishing the groundwork for a significant advance.
Israeli Minister Urges Hamas to Surrender and Depart from Gaza.
Iran Considers Moving Its Capital Due to Urban Difficulties
Israel and Hamas Finalize Sixth Exchange of Hostages and Prisoners During Continuing Gaza Ceasefire
Leaders of BRICS to Gather in Rio de Janeiro for July Summit
Muhsin Hendricks, a trailblazing openly gay imam, was killed in South Africa.
Trump's special envoy for hostage affairs cautions Hamas against challenging Trump before Saturday's deadline.
Two British citizens apprehended in Iran amid escalating tensions.
Israel Issues Threat of Military Action as Hostage Negotiations with Hamas Continue
Hamas Coordinates Worldwide Solidarity Marches in Reaction to U.S. and Israeli Initiative
Israel Warns of Ending Gaza Ceasefire Due to Hostage Situation
King Abdullah II Dismisses US Proposal to Relocate Palestinians, Commits to Welcoming Gaza Children.
Lebanon Installs New Government with Hezbollah's Impact on Key Ministries
Report: Iran Attempted to Assassinate Trump During Election Campaign
U.S. Authorizes $7.4 Billion Arms Sale to Israel
Iran's Supreme Leader Rejects Nuclear Negotiations with the U.S.
UN Chief Denounces Trump's Gaza Plan, Cautions Against Ethnic Cleansing
Pressure Intensifies for a Free Trade Agreement between the UK and GCC in Light of Economic Difficulties
Israel to Withdraw from UN Human Rights Council Due to Accusations of Anti-Semitism
EU Reaffirms Gaza's Essential Role in Future Palestinian State Following Trump's Proposal
Iranian Currency Reaches All-Time Low Amid US 'Maximum Pressure' Initiative.
UN Reaffirms Ban on Deportation from Occupied Territories Amid US Gaza Proposal
Palestinians Fear Repeat of 'Nakba' Amid Ongoing Crisis in Gaza
UAE Aids in the Exchange of 300 Prisoners Between Russia and Ukraine
Egypt Seeks Global Backing for Two-State Solution Following US Proposal for Gaza Plan
Trump's Suggestion to 'Seize Control' of Gaza Represents a Significant Shift in US Policy
French President is the first EU leader to extend congratulations to the new Syrian President.
Tunisian President Appoints New Finance Minister Amid Economic Crisis
Trump Suggests U.S. 'Takeover' of Gaza, Prompting Global Worries
Trump's Proposal for Gaza Provokes Global Debate
President Trump Suggests Moving Gaza's Palestinian Population
Aga Khan IV, Spiritual Leader and Philanthropist, Dies at 88
Erdogan and Syria's Sharaa Talk About Collaboration to Counter Kurdish Militants
Trump Suggests U.S. Control of Gaza Strip Amid Ongoing Conflict
Trump Resumes 'Maximum Pressure' Strategy to Limit Iran's Oil Exports.
Ex-British Soldier Sentenced for Espionage on Behalf of Iran and Fleeing from Prison
Gazans in Egypt Reject Displacement, Struggle with Return to War-Torn Home
Queen Rania Urges Protection of Children’s Rights at Vatican Summit
Hamas Officials Ready to Begin Negotiations for Phase Two of Gaza Truce
Trump Expresses Caution Over Gaza Ceasefire as Netanyahu Visits Washington
Oman to Host 18th Indian Ocean Conference on Maritime Security and Trade
Emir of Kuwait Meets BlackRock CEO for Talks on Investment Opportunities
Queen Rania of Jordan Calls for Global Action on Children’s Rights at Vatican Summit
Egyptian President El-Sisi Invited for White House Meeting Following Jordanian King’s Visit
Queen Rania Calls for Protection of Children’s Rights at Vatican Summit
Israeli Military Operations Continue on Lebanon Border Amid Ceasefire Tensions
Israeli Hostage's Release Highlights Uncertainty Over Family's Fate
Israeli Military Operations Escalate in Southern Lebanon Amid Hezbollah Tensions
Zayed Award for Human Fraternity Announces 2025 Honorees
Kuwait Anticipates a 12% Increase in Budget Deficit for the 2025-2026 Fiscal Year
×